New Zealand Government Bonds 10 YR Yield

New Zealand 10 Year Government Bonds trade at 94.55 NZD.

You can buy New Zealand 10 Year Government Bonds through brokers — choose the one that suits your needs and go ahead. You can also purchase bonds directly from the issuing organization.

The current yield rate is 4.945% — it's decreased by 0.40% over the past week.

The current yield of New Zealand 10 Year Government Bonds is 4.945%, whereas at the moment of issuance it was 2.915%, which means 69.64% change. Over the week the yield has decrased by 0.40%, the month performance has showed a 6.23% increase, and it has risen by 21.20% over the year.

A bond is a debt security issued by a corporation or a government. By buying bonds, investors loan the issuer money in return for an interest rate. By issuing bonds, the state receives funds that can then be injected into the economy, and corporations raise funds for new research or other operational activities. The alphanumeric code of government bonds represents the abbreviated name of the issuing state, as well as its time to maturity. For example, New Zealand 10 Year Government Bonds is the New Zealand government bonds with the maturity of 10 years.

Bonds can be of various maturities, e.g. short-term (less than three years), medium-term (four to 10 years), or long-term ones (more than 10 years). So New Zealand 10 Year Government Bonds are medium-term bonds — they have the maturity of 10 years.