Government Issued Bonds and Yield Curve
New Zealand Government Issued Bonds
Government Issued bonds are a set of debt securities with differing terms to maturity but the same risk, liquidity, and tax considerations. The maturity can be short term or long term.
New Zealand Yield Curve
The yield curve plots the return on various fixed income instruments. The shape of the curve illustrates the relationship between expected yields and time to maturity. Note: As of May 2009, the one-year bond series has been discontinued for the time being due to the lack of a suitable benchmark bond.