Auckland Council, established in 2010 and located in Auckland, New Zealand, serves as the local government authority responsible for the region. Its primary purpose is to provide various services and infrastructure to enhance the quality of life for residents and support the region's growth and development. The council oversees an extensive range of services, including waste management, transport, parks and recreation, and community development.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Auckland Council has a robust history of bond issuances, with its inaugural bond offering taking place shortly after its formation in 2010, aimed at funding essential infrastructure projects. Notable issuances include the $1 billion Green Bond in 2020, which targeted environmentally sustainable projects, reflecting a growing emphasis on sustainability in the municipal space. Currently, yields on Auckland Council bonds remain competitive within the industry, with unique features such as fixed and floating interest rates that cater to diverse investor needs. Recent developments indicate a possible future issuance as the council looks to fund ongoing urban development projects, further attracting retail interest.