For Investors

The LGFA provides investors with a source of securities rated at AA+ (domestic long term) by international credit rating agencies Standard and Poor’s and Fitch Ratings. These ratings are the same as the New Zealand Government.

September 2017

Ratings

LGFA securities are rated at AA+ (domestic long term) by international credit rating agencies Standard and Poor’s (outlook "stable") and Fitch Ratings (outlook "positive").

Risk Management

The Local Government Funding Agency (LGFA) funds itself through domestic and international wholesale and retail debt capital markets, with the funds raised on-lent to participating New Zealand Local Authority borrowers.