Frequently Asked Questions
New Zealand 3 Month Government Bonds trade at 5.67 NZD.
You can buy New Zealand 3 Month Government Bonds through brokers — choose the one that suits your needs and go ahead. You can also purchase bonds directly from the issuing organization.
The current yield rate is 5.670% — it's decreased by 0.18% over the past week.
Maturity date is when a debt comes due and all principal and/or interest must be repaid to creditors. For example, the New Zealand 3 Month Government Bonds maturity date is Jul 24, 2024.
The current yield of New Zealand 3 Month Government Bonds is 5.670%, whereas at the moment of issuance it was 6.750%, which means −16.00% change. Over the week the yield has decrased by 0.18%, the last month showed zero change in yield, and it has risen by 1.61% over the year.
A bond is a debt security issued by a corporation or a government. By buying bonds, investors loan the issuer money in return for an interest rate. By issuing bonds, the state receives funds that can then be injected into the economy, and corporations raise funds for new research or other operational activities. The alphanumeric code of government bonds represents the abbreviated name of the issuing state, as well as its time to maturity. For example, New Zealand 3 Month Government Bonds is the New Zealand government bonds with the maturity of 3 months.
Bonds can be of various maturities, e.g. short-term (less than three years), medium-term (four to 10 years), or long-term ones (more than 10 years). So New Zealand 3 Month Government Bonds are short-term bonds — they have the maturity of 3 months.