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NZ Govt Bond tender number 867 results

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Fran O Sullivan: Has Grant Robertson s $50b bet paid off?

Fran O Sullivan: Has Grant Robertson s $50b bet paid off? 24 Feb, 2021 04:00 PM 4 minutes to read OPINION: Finance Minister Grant Robertson placed a one-way $50 billion bet when he announced last year that the Government would borrow the extra amount to mitigate the hit from the Covid-19 pandemic. It s fair to say that many in business viewed his intention to borrow such a hefty amount without first undergoing a major cost-benefit analysis posed a significant risk to a country which has long been fixated on keeping government debt levels down within very tight targets. But fast-forward to February 2021, it would appear Robertson s decision to borrow up to an additional $50b has paid dividends.

NZ Govt Bond Tender #751; Tender Date 17 Dec 2020

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NZ Govt Bond Tender #750; Tender Date 26 Nov 2020

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