Bank of New Zealand (BNZ), founded in 1861 and headquartered in Wellington, operates as a key player in the New Zealand banking sector. It is committed to providing exceptional banking services to retail and business customers across the country, focusing on personal banking, home loans, business banking, and investment solutions.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
BNZ has been actively involved in the bond market since its early years, issuing bonds to support its lending and liquidity needs. Notable bond issuances include its substantial 2020 issuance of NZD 1 billion in senior unsecured bonds, which aimed at raising capital during the COVID-19 pandemic. Current yields on BNZ bonds remain competitive within the industry, reflecting investor confidence. In 2023, BNZ launched a green bond initiative to support sustainable projects, which garnered significant interest and showcased the bank's commitment to environmental responsibility.