NZX Announcement
04 April 2024
Please find attached the LGFA Quarterly Funding Update to Investors for March 2024.
Note that we have revised up our forecast Bond Issuance Programme for the current 2023-24 financial year by NZ$300 million to NZ$5.3 billion (excluding any issuance of Treasury Stock). This reflects the higher amount of council and CCO lending from LGFA over the past three months and projections for the coming quarter. Our issuance in both the AUD and NZD bond markets in the first nine months of the current 2023-24 financial year has been NZ$4.7 billion.
We will next provide an issuance programme update when we release the 2024-27 Final Statement of Intent at the end of June 2024.
ENDS
Released on behalf of NZ Local Government Funding Agency Limited by Mark Butcher, Chief Executive.
Telephone +64 4 974 6744
Email mark.butcher@lgfa.co.nz
Website lgfa.co.nz