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NZ Debt Management Office to offer NZ$100 mln bonds

Tue Jul 15, 2008 5:54am IST
 
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WELLINGTON, July 15 (Reuters) - The New Zealand Debt Management Office (DMO) said it would offer NZ$100 million ($76 million) in an unscheduled "tap" tender on Tuesday.

The DMO said NZ$50 million each of April 2013 and December 2017 bonds would be offered, with bids due at 0230 GMT and results at 0300 GMT.

The tender is the second in a week that is outside of the DMO's published timetable. A regular tender is still due on July 17.

The bonds issued in such tenders are within the DMO's 2008/09 programme of up to NZ$3.4 billion issuance. ($1=NZ$1.31)

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