Brexit a boon for NZ councils' cost of borrowing
Not everybody is a loser during times of crisis such as Brexit and local councils are benefiting through lower borrowing costs. With special feature audio.
Britain's crisis is delivering lower borrowing costs to local councils in New Zealand.
Yields on Local Government Funding Agency (LGFA) 11-year bonds have fallen about 20 basis points since British voters said they want their country to leave the European Union.
The 2027 bonds are currently
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Jenny Ruth
Wed, 29 Jun 2016
Wed, 29 Jun 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Brexit a boon for NZ councils' cost of borrowing
59461