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  • 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
  • Announcement of LGFA Bond Tender 114

    … NZX Announcement 20 January 2025 ANNOUNCEMENT OF LGFA BOND TENDER 114 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 114: Tender date : 22 January 2025 Bids open … the relevant series notice.   ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
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  • 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 …
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  • Updated List of LGFA Guarantors

    … 12 July 2022 Please find attached an updated list of LGFA guarantors as at 12 July 2022. Mackenzie District … 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 65

    … NZX Announcement 15 July 2019 ANNOUNCEMENT OF LGFA BOND TENDER 65 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 65: Tender date : 17 July 2019 Bids open on … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • Further Update to List of LGFA Guarantors as at 02 March 2020

    … 2020 Please find attached a further update to the list of LGFA guarantors as at 02 March 2020: Ashburton District … (stable outlook) by Fitch Ratings. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark … Further Update to List of LGFA Guarantors as at 02 March 2020 …
    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
  • Updated List of LGFA Guarantors

    … 24 November 2022 Please find attached an updated list of LGFA guarantors as at 24 November 2022. Southland Regional … to the LGFA guaranteeing group. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark … Updated List of LGFA Guarantors …
    News
  • Updated LGFA Bond Tender Schedule for 2023

    … LGFA BOND TENDER SCHEDULE FOR 2023 CALENDAR YEAR The list of upcoming tender dates for LGFA bonds for the 2023 calendar … replacing one or more tenders with a syndicated offering of bonds during the 2023 calendar year. ENDS Released on behalf of New Zealand Local Government Funding Agency Limited by …
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  • LGFA Bond Tender Schedule 2024/2025

    … current bond tender schedule for 2024 and the first half of 2025.   This schedule is subject to change, dates may … replacing one or more tenders with a syndicated offering of bonds. ENDS Released on behalf of Local Government Funding Agency Limited by Mark Butcher, …
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  • LGFA financing to local government for water services – April 2025 Update

    … and December 2024, we communicated to the Mayors and CEOs of councils our involvement in the Local Water Done Well … and how we could assist councils regarding the financing of water activities. Over the past three months we have continued to engage with the Department of Internal Affairs, NIFFCo, Commerce Commission, Water NZ, …
    News
  • Updated List of LGFA Guarantors

    … 10 February 2021 Please find attached an updated list of LGFA guarantors as at 10 February 2021. Central Hawke's … to the LGFA guaranteeing group. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark … Updated List of LGFA Guarantors …
    News
  • Updated List of LGFA Guarantors

    … 29 August 2024 Please find attached an updated list of LGFA guarantors as at 29 August 2024. Hutt City Council … "AA" with a stable outlook.   ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark … Updated List of LGFA Guarantors …
    News
  • Updated List of LGFA Guarantors

    … 30 October 2024 Please find attached an updated list of LGFA guarantors as at 30 October 2024. Upper Hutt City … "A+" with a negative outlook.   ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark … Updated List of LGFA Guarantors …
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  • LGFA confirms Issue Price, Interest Rate and Issuance Yield

    … announced today that it will issue NZ$1,100 million of unsecured, unsubordinated fixed rate sustainable financing … annum. Issuance Yield: 4.760% per annum, based on a Margin of 0.61% per annum as previously announced. Issue/Settlement … the formula in the Series Notice). Other Information All of the Sustainable Financing Bonds have been allocated to …
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  • 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 …
    News
  • Updated List of LGFA Guarantors as at 13 October 2020

    … 13 October 2020 Please find  attached  an updated list of LGFA guarantors as at 13 October 2020: Central Otago … to the LGFA guaranteeing group. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark … Updated List of LGFA Guarantors as at 13 October 2020 …
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  • 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 …
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  • 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 …
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  • Announcement of LGFA Bond Tender 109

    … NZX Announcement 01 July 2024 ANNOUNCEMENT OF LGFA BOND TENDER 109 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 109: Tender date : 03 July 2024 Bids open on … the relevant series notice.   ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • LGFA approve GSS Loan to Hurunui District Council

    … Amberley Beach residents in response to the growing threat of climate change. Amberley Beach is at risk of sea-level rise and coastal erosion and it is anticipated … Project is a pioneering initiative to address the risks of sea-level rise and coastal erosion. The GSS loan will …
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  • Announcement of LGFA Bond Tender 113

    … NZX Announcement 09 December 2024 ANNOUNCEMENT OF LGFA BOND TENDER 113 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 113: Tender date : 11 December 2024 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 117

    … NZX Announcement 08 April 2025 ANNOUNCEMENT OF LGFA BOND TENDER 117 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 117: Tender date : 10 April 2025 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 01 July 2021

    … 01 July 2021 Please find attached an updated list of LGFA guarantors as at 01 July 2021: The credit rating … "AA-" with a positive outlook. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark … Updated List of LGFA Guarantors 01 July 2021 …
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  • Press Release: LGFA Waiver from NZX Debt Market Listing Rule 7.12.1

    … Rule would require LGFA to release to the market details of any acquisition of the LGF Bonds as a part of each Repo Transaction …
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  • Governance

    … (80%), the LGFA Shareholders Council and the LGFA Board of Directors. 31  Shareholders , comprising the New Zealand …  is responsible for the strategic direction and control of LGFA's activities. The LGFA Board is committed to ensuring … documents: LGFA Constitution Shareholders Agreement Code of Ethics Board Charter Audit and Risk Committee Charter …
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  • Press Release: Fitch Ratings revises LGFA Credit Rating Outlook to Stable

    … Fitch Ratings has revised the Rating Outlook of LGFA from Positive to Stable. The Long-Term Local Currency … Public Sector Entity and equalises the ratings of LGFA with those of the sovereign. …
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  • Updated List of LGFA Guarantors 23 February 2021

    … 23 February 2021 Please find attached an updated list of LGFA guarantors as at 23 February 2021: The credit rating … Council Whangarei District Council ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark … Updated List of LGFA Guarantors 23 February 2021 …
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  • Treasury Stock Issuance Details Not Included in Website Announcement of LGFA Bond Tender 54

    … Details of LGFA Tender 54 will be announced this afternoon at 2pm. … and Bloomberg at 2pm doesn’t include the $50 million of the 2022 Series being tendered that will be reserved for … Issuance Details Not Included in Website Announcement of LGFA Bond Tender 54 …
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  • Updated List of LGFA Guarantors as at 28 November 2019

    … 28 November 2019 Please find  attached  an updated list of LGFA guarantors as at 28 November 2019: The credit rating … rated “AA” with a stable outlook. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark … Updated List of LGFA Guarantors as at 28 November 2019 …
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  • Updated List of LGFA Guarantors as at 20 October 2020

    … 20 October 2020 Please find  attached  an updated list of LGFA guarantors as at 20 October 2020: Grey District … to the LGFA guaranteeing group. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark … Updated List of LGFA Guarantors as at 20 October 2020 …
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  • Updated List of LGFA Guarantors 15 January 2021

    … 15 January 2021 Please find attached an updated list of LGFA guarantors as at 15 January 2021: The credit rating … "AA-" with a negative outlook. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark … Updated List of LGFA Guarantors 15 January 2021 …
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