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  • LGFA Credit Ratings Affirmed by S&P Global Ratings AA+/AAA

    … that LGFA has a dominant market position as a source of financing for councils and an extremely high likelihood of extraordinary financial support from the New Zealand Government in a stress scenario. A copy of the S&P Research Update is available below.   …
    News
  • Updated List of LGFA Guarantors

    … 31 October 2022 Please find attached an updated list of LGFA guarantors as at 31 October 2022. Dunedin City … to the LGFA guaranteeing group. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark … Updated List of LGFA Guarantors …
    News
  • Announcement of LGFA Bond Tender 110

    … NZX Announcement 07 August 2024 ANNOUNCEMENT OF LGFA BOND TENDER 110 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 110: Tender date : 09 August 2024 Bids open on … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • Updated List of LGFA Guarantors as at 28 June 2019

    … 28 June 2019  Please find  attached  an updated list of LGFA guarantors as at 28 June 2019:  South Wairarapa … outlook) by Fitch Ratings.  ENDS  Released on behalf of NZ Local Government Funding Agency Limited by Mark … Updated List of LGFA Guarantors as at 28 June 2019 …
    News
  • LGFA confirms Issue Price, Interest Rate and Issuance Yield

    … (LGFA) announced today that it will issue NZ$800 million of unsecured, unsubordinated, fixed rate sustainable … annum Issuance Yield: 4.581% per annum, based on a Margin of 0.91% per annum Issue/Settlement Price: NZ$1.01266006 per … the formula in the Series Notice Other Information All of the Sustainable Financing Bonds have been allocated to …
    News
  • Announcement of LGFA Bond Tender 67

    … NZX Announcement 04 November 2019 ANNOUNCEMENT OF LGFA BOND TENDER 67 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 67: Tender date : 06 November 2019 Bids open … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • Announcement of LGFA Bond Tender 66

    … NZX Announcement 30 September 2019 ANNOUNCEMENT OF LGFA BOND TENDER 66   New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 66: Tender date : 02 October 2019 Bids open on … the relevant series notice.   ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • Press Release: Appointment of New Chief Executive

    … Mark Butcher has been appointed as the new Chief Executive of the Local Government Funding Agency (LGFA). Mark is currently the Treasurer of Auckland Council.  He is expected to take up his new role … Press Release: Appointment of New Chief Executive …
    News
  • LGFA Quarterly Investor Update/Funding Programme Revision

    … from councils, LGFA has increased the estimated size of the 2020-21 bond issuance programme by $300 million to … issuance programme. Given that LGFA issued $1.3 billion of LGFA bonds in the September quarter, it expects to issue … the next update in mid-January. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • LGFA Credit Ratings Affirmed by S&P Global Ratings AA+/AAA

    … that LGFA has a dominant market position as a source of financing for councils and LGFA's strengthening capital … in a stress scenario over the next two years. A copy of the S&P Research Update is available on the LGFA here ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • LGFA Credit Ratings Affirmed by S&P Global Ratings at AA+/AAA

    … our strong public policy mandate and dominant market share of council lending, but this is offset by our highly concentrated lending portfolio. A copy of the S&P Research Update is available below ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • Announcement of LGFA Bond Tender 118

    … NZX Announcement 05 May 2025 ANNOUNCEMENT OF LGFA BOND TENDER 118 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 118: Tender date : 07 May 2025 Bids open on … the relevant series notice.   ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • Announcement of LGFA Bond Tender 116

    … NZX Announcement 10 March 2025 ANNOUNCEMENT OF LGFA BOND TENDER 116 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 116: Tender date : 12 March 2025 Bids open on … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • LGFA financing to local government for water services – January 2026 update

    … In December 2025, LGFA wrote to the Mayors and CEOs of councils to outline the financial covenant framework that … are outlined in the attached document: Council Guarantee of Water CCOs Allowing Other Lenders to Share the Guarantee Security of Existing Councils Loans to a Water CCO LGFA Debt Transfer …
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  • LGFA Launch Green, Social and Sustainability Lending Programme

    … LGFA is pleased to announce the launch of its Green, Social & Sustainability Lending Programme for … information please visit the new Sustainability section of the LGFA website: https://www.lgfa.co.nz/sustainability If you have any questions please contact Nick Howell (Head of Sustainability) on +64 21 227 3738.   …
    News
  • LGFA receives carbonzero certification

    … emissions, these will be offset through the purchase of high-impact carbon credits from a Gold Standard-certified … by at least 30% by 2030. LGFA recognizes the importance of carbon footprint reduction and will look to ways to … . For further enquires please contact Nick Howell Head of Sustainability Email:  nick.howell@lgfa.co.nz      Neil …
    News
  • LGFA Undertakes First Climate Action Loans

    … for Climate Action Loans (CALs). CALs align to LGFA’s aim of displaying leadership to the sector on sustainable lending … access GSS loans. As at 17 th April 2023, NZ$355.7 million of CALs Loans have been approved by LGFA. If you have any questions, please contact Nick Howell (Head of Sustainability) on +64 21 227 3738. …
    News
  • LGFA Bond Tender Schedule 2024 REVISED

    … replacing one or more tenders with a syndicated offering of bonds. ENDS Released on behalf of Local Government Funding Agency Limited by Mark Butcher, …
    News
  • Revised LGFA Bond Tender Schedule for 2021-22 Financial Year

    … replacing one or more tenders with a syndicated offering of bonds during the 2021-22 financial year. ENDS Released on behalf of Local Government Funding Agency Limited by Mark Butcher, …
    News
  • LGFA credit ratings affirmed by Fitch Ratings at AA+/AA+

    … GRE Rating Criteria and equalises its ratings with those of the New Zealand sovereign (AA+/F1+/Stable). Please see the … ENDS Released on behalf of Local Government Funding Agency Limited by Mark Butcher, …
    News
  • Press Release: LGFA to commence the issuance of LGFA Bills on 14th October 2015

    … LGFA to commence the issuance of short term notes (LGFA Bills) on Wednesday 14th October … Press Release: LGFA to commence the issuance of LGFA Bills on 14th October 2015 …
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  • Press Release: Fitch Rating Action Commentary - 08 November 2018

    … today affirmed Fitch equalises LGFA’s ratings with those of the New Zealand sovereign (AA/AA+/Stable/F1+), which is a … the robust underlying credit profiles and asset quality of LGFA's other council shareholders and borrowers, which …
    News
  • LGFA Bond Tender Schedule 2024

    … replacing one or more tenders with a syndicated offering of bonds. ENDS Released on behalf of Local Government Funding Agency Limited by Mark Butcher, …
    News
  • LGFA Postpones Bond Tender Scheduled to Occur Wednesday 7th August 2024

    … 9 th August 2024 (between 11.30am to 12.00pm).  Settlement of LGFA bonds for the tender will occur Wednesday 14 th … can be viewed on our website here ENDS  Released on behalf of New Zealand Local Government Funding Agency Limited by …
    News
  • LGFA Credit Ratings Affirmed by Fitch ratings at AA+

    … at 'F1+'. All credit ratings have a stable outlook. A copy of the Fitch Report is available below.     ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • LGFA Indicative Bond Tender Dates 2020

    … replacing one or more tenders with a syndicated offering of bonds during 2020.  ENDS  Released on behalf of NZ Local Government Funding Agency Limited by Mark …
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  • LGFA credit ratings affirmed by Fitch Ratings at AA+/AA+

    … GRE Rating Criteria and equalises its ratings with those of the New Zealand sovereign (AA+/F1+/Stable). ENDS Released on behalf of Local Government Funding Agency Limited by Mark Butcher, …
    News
  • Review of Climate Emergency Declarations and Responses by Councils

    … graduate student spent time with LGFA looking at which of the seventy-eight councils in New Zealand declared a … Review of Climate Emergency Declarations and Responses by Councils …
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  • LGFA Director Resignation

    … NZX Announcement 28 August 2026 The Board of the New Zealand Local Government Funding Agency Limited … director effective 28 August 2026. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
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  • LGFA Bond Issuance Notice - Tender 107

    … NZX Announcement 29 April 2024 ANNOUNCEMENT OF LGFA BOND TENDER 107   New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 107: Tender date : 01 May 2024 Bids open on … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • LGFA Bond Tender Schedule 2026

    … replacing one or more tenders with a syndicated offering of bonds. ENDS Released on behalf of Local Government Funding Agency Limited by Mark Butcher, …
    News
  • Press Release: Treasury Stock Issuance Details Not Included in Website Announcement of LGFA Bond Tender 41

    … Details of LGFA tender 41 will be announced this afternoon at 2pm. … Issuance Details Not Included in Website Announcement of LGFA Bond Tender 41 …
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