KIWI BOND
A retail bond issued by corporations and governments in New Zealand that is offered directly to the public. Its citizens can get application forms and investment statements from the New Zealand Debt Management Office (NZDMO) Registry, and also in some of the nation’s registered banks, firms, brokers, chartered accountant, solicitors, and investment advisors and brokers.
These bonds are denominated in New Zealand Dollars and has a fixed interest rate, which is paid in arrears quarterly.
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