New Zealand
New Zealand yield curves are fairly simple, as this is another economy that currently outperforms all industrialized economies. New Zealand's current OCR is 2.75 percent, so debt issuance is not a problem to fund New Zealand's economy, nor are buyers for New Zealand's debt. New Zealand's debt-to-GDP ratio is currently 23.1 percent. In comparative European terms, 23.1 percent is low.
New Zealand's Debt Management Office currently issues three-month, six-month, and one-year Treasury Bills weekly (NZDMO). The one-year Treasury issuance began in April 2010.
Kiwi Bonds denominated in New Zealand dollars are offered to domiciled residents in denominations of six-month, one-year, and two-year maturities. The two-year Kiwi bond pays 3.75 ...
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