
BNZ International Funding Ltd., founded in 1998 and headquartered in Wellington, New Zealand, operates as a subsidiary of Bank of New Zealand, aiming to provide efficient funding solutions for its parent bank. The company primarily focuses on issuing bonds to raise capital, facilitating financial operations that support retail and commercial banking activities.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
BZLNZ 0.11% 2028-07-24 CHFBNZ International Funding Ltd. | New Zealand | 2028-07-24 | 0.111 | 0.45 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, BNZ International Funding Ltd. has been an active player in the bond market, notably starting its bond issuance program in the year of establishment. Significant issuances include the 2015 $500 million bond aimed at refinancing existing debt, alongside a diverse range of maturities that have attracted retail investors. Current yields on its bonds are competitive, often reflecting the broader market trends, with recent issues featuring sustainability-linked characteristics, catering to the growing demand for responsible investing.