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New Zealand treasury plans inflation bond for early 2011
November 17, 2010
Philip Combes, head of the country’s debt management office, says that the country looks most likely to launch a new inflation-linked bond by February next year. The agency had initially targeted this month but an uncertain inflation outlook led it to forestall its plans.
The New Zealand Debt Management Office intends to issue an inflation-linked bond of between NZ$500 million-NZ$1 billion (US$ 386 million-US$772.2 million) by February 2011.
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