To apply for Mighty River Power Shares go to www.mightyrivershares.govt.nz  

The Minister of Finance, Hon Bill English and Minister of State Owned Enterprises, Hon Tony Ryall have now launched the Mighty River Power pre-registration phase. You can now pre-register for the Share Offer at: Website: www.mightyrivershares.govt.nz Free call: 0800 90 30 90 You received this email because you subscribed to the Government Share Offers website […]

Fonterra Co-Operative Group Ltd (Fonterra) is promoting an offer of units (Units) in the Fonterra Shareholders’ Fund (the Fund).The Fund has been designed so that each Unit issued by it will, essentially, pass through the economic benefits derived from holding a single share of Fonterra. No offer is being made to subscribe directly for shares […]

The Auckland Council has announced a 6 year bond issue of $125 m (plus $50m oversubscription) maturing on 16 October 2018. The rate to be offered has a margin o  1.08% per annum which equates to 4.30%p.a on 8 Oct 2012. The Council has a credit rating of AA from Standard and Poor’s and Aa2 […]

The ANZ Bank have announced that they intend issuing a new 5 year bond at a rate set at 1.75% over the 5 yr swap rate on the 11th Sept. This equates to about 4.70% at the current rates. The bonds will have have a credit rating of AA- and  will be a senior issue […]

Upside, downside: A guide to risk for savers and investors . The Reserve Bank today released a new edition of its popular guide to managing the risks involved in saving and investing  written by investment commentator and bestselling author, Mary Holm. Click upsidedownside to view the PDF version Free copies of the book can be obtained […]

John Key has announced today that preparation for the Mighty River Power share offer will continue to proceed, but in the March to June window next year, rather than in 2012.   Mighty River Power share issue delayed until next year

The Government announced on the weekend details of how New Zealanders can participate in the Mighty River Power Share Offer. The Government announced the following four initiatives to put New Zealanders at the front of the queue for shares, make it easier for them to buy shares and encourage long-term ownership: A guarantee that New […]

If you would like to know more about the New Zealand Governments plans to sell shares in  a number of its State Owned Enterprises go to www.governmentshareoffers.govt.nz . The first share offer (for Mighty River Power) is expected to occur in the third quarter of 2012. No further details have been announced at this stage.

ANZ National Bank has announced a public bond issue of $100m with the right to accept oversubscriptions of up to $150m for a 7 year term maturing on 13 March 2019. The interest rate will be the higher of 6.25% or the aggregate of the 7 year Swap Rate on the Rate Set Date and  […]