Syndication of the new April 2025 nominal bond for the New Zealand Debt Management Office (NZDMO) progressed to pricing on April 1. According to KangaNews data, the new transaction will be the NZDMO's first syndicated deal of 2016. In 2015, it issued NZ$2 billion of new 2033 nominal bonds via one bookbuilt transaction, with pricing of 33 basis points over NZGB.
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