Auckland council puts debt issuing plans on ice over Brexit concerns
“Financial uncertainty” after the Brexit has been blamed for a delay in the issuing of retail bond. With special feature audio.
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Hawke’s Bay
Auckland Council has been caught up in Brexit hysteria, delaying a planned retail bond offer over concerns about market volatility.
Last week the council said it was considering an offer of a fixed-rate secured bond to the public, which was expected to have a 10-year maturity.
The council
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Jason Walls
Tue, 28 Jun 2016
Tue, 28 Jun 2016
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Auckland council puts debt issuing plans on ice over Brexit concerns
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