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  • LGFA launches fixed rate sustainable financing bond offer

    … May 2032 ( Sustainable Financing Bonds ) to institutional and New Zealand retail investors, with the ability to accept … annum. The Issuance Yield will be the sum of the Margin and the Base Rate on the Rate Set Date. The Margin will be … Set Date. The Coupon/Interest Rate, Issuance Yield, Margin and Issue/Settlement Price for the Sustainable Financing …
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  • LGFA considers bond offers

    … Market: a) 15 April 2026 bonds, NZX ticker code LGF120; and b) 15 May 2031 bonds, NZX ticker code LGF140, together, the 'Bonds', to institutional and New Zealand retail investors. It is anticipated that full … 48 123 123 124) (acting through its New Zealand branch) and Westpac Banking Corporation (ABN 33 007 457 141) (acting …
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  • LGFA launches fixed rate sustainable financing bond offer

    … 15 May 2034 (Sustainable Financing Bonds) to institutional and New Zealand retail investors, with the ability to accept … annum. The Issuance Yield will be the sum of the Margin and the Base Rate on the Rate Set Date. The Margin will be … Set Date. The Coupon/Interest Rate, Issuance Yield, Margin and Issue/Settlement Price for the Sustainable Financing …
    News
  • LGFA launches fixed rate bond offers

    … unsubordinated, fixed rate bonds to institutional and New Zealand retail investors (together, the 'Bonds'). … of Bonds, the Issuance Yield will be the sum of the Margin and the Base Rate. The Margin for each series of Bonds will … Set Date, being 9 April 2024. The Issuance Yield, Margin and Issue/Settlement Price for each series of Bonds will be …
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  • LGFA launches fixed rate bond offers

    … unsubordinated, fixed rate bonds to institutional and New Zealand retail investors (together, the 'Bonds'). … of Bonds, the Issuance Yield will be the sum of the Margin and the Base Rate. The Margin for each series of Bonds will … Date, being 7 September 2023. The Issuance Yield, Margin and Issue/Settlement Price for each series of Bonds will be …
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  • LGFA Announcement of Australian Investor Roadshow

    … Agency (LGFA) rated AAA (stable) by S&P Global Ratings and AA+ (stable) by Fitch Ratings has mandated ANZ, CBA, NAB and Westpac as Joint Lead Managers to arrange a series of … investor meetings beginning in Sydney on Monday 17th July and Melbourne on Tuesday 18th July. A potential A$ …
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  • LGFA release Draft SOI 2023-26 and Forecast Borrowing Programme

    … 24 February 2023 LGFA releases Draft SOI 2023-26 and Forecast Borrowing Programme Under the Local Government … a Draft Statement Of Intent (SOI) by 28 February 2023 and publish a Final SOI by 30 June 2023.  The draft is … how councils have prepared their 2021-31 Long Term Plans (and borrowing forecasts). LGFA will update the market as …
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  • Press Release: Amendment to Operating Rules and Guidelines for LGFA Tenders

    … Amendment to Operating Rules and Guidelines for LGFA Tenders The Operating Rules and Guidelines for LGFA Securities Tenders has been updated … the tender scheduled for 3 June 2015. Tender Announcement and Result Times (Section 7.2) has been updated to include …
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  • LGFA financing for local government water services - December 2025 update

    … In April 2025, LGFA wrote to the Mayors and CEOs of councils to outline the financial covenant … is now moving at pace to implement Local Water Done Well and therefore we intend to provide regular updates on our … basis for the security arrangements, guarantee structure and accession to LGFA’s multi-issuer deed. Confirmation of …
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  • Ariadne Clarke

    … estate agency supporting agents with the administration and marketing of their business.  Prior to this, Ariadne … in a variety roles, which included tax law analysis and tax audit. Ariadne brings to LGFA significant administrative and
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  • LGFA Credit Ratings Affirmed by S&P Global Ratings AA+/AAA

    … Funding Agency (“LGFA”) at 'AA+' foreign-currency and 'AAA' local-currency and affirmed the short-term ratings at 'A-1+'. All credit … strengthening capital position is counteracting rising risk associated with its lending book to councils. They also …
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  • LGFA approve second GSS Loan to Tauranga City Council

    … o Te Papa green building project, incorporating a library and community hub, civic whare (public meeting house), museum, and exhibition gallery.   Under New Zealand Local Government … new life into what will become a key cultural, heritage and economic driver for the region.   The Te Manawataki o Te …
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  • Sustainable Lending

    … our members finance projects that deliver environmental and social outcomes, and to encourage emissions management across the sector, LGFA provides: Green and Social Loans A lending programme to help members …
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  • Increase and extension to the Crown Liquidity Facility

    … Finance has today announced the completion of an increase and extension of the term to the Crown Liquidity Facility for … size will increase from NZ$1.5 billion to NZ$3 billion and the term has been extended from December 2031 to June … to the media release from the Minister of Finance is below and a copy attached: …
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  • Sumitha Kaluarachi

    … Sumitha joined LGFA as Manager, Treasury and External Relationships on 13 August 2018. Sumitha was … Corp Group, Grandy’s Corporate Office, which owned and operated 60+ restaurants in 8 states in the USA and for ABN AMRO (Sri Lanka). Sumitha has experience in …
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  • New Zealand Government Commits to Extend LGFA Liquidity Facility

    … established in December 2011 between Central Government and LGFA under the Local Government Borrowing Act (2011) and provides LGFA with the ability to borrow up to $1 billion … Treasury. The facility is due to expire in December 2021 and the Minister of Finance has today announced the following …
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  • LGFA Quarterly Funding Update to Investors and Revised Borrowing Programme – December 2025

    … at 31 December 2025.   Due to our high levels of liquidity and less than expected council borrowing in the six-month … dated funding for the six-month period to 31 December 2025 and expect to undertake a mix of foreign currency and NZD bond issuance in the coming six-month period to 30 …
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  • LGFA Indicative Bond Tender Dates 2020

    … has reviewed the issuance programme for calendar year 2020 and has set indicative dates for bond tenders and related tender settlements in the  attached table.  The tender and settlement dates are indicative only and subject to …
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  • LGFA receives carbonzero certification

    … neutral certification is supported by scientific research and international best practice. By partnering with Toitū … able to accurately measure our greenhouse gas emissions and put in place strategies to manage, reduce and offset impacts in accordance with ISO 14064- 1:2006. …
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  • Weekly pricing update

    … council group.  This is updated each Wednesday afternoon and provides councils with a brief market update for both short and long term borrowing plus current borrowing yields and spreads fully inclusive of base lending and credit …
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  • LGFA credit ratings affirmed by Fitch Ratings at AA/AA+

    … at ‘AA’/ ‘AA+’ with a positive outlook (foreign currency) and stable outlook (domestic currency). Fitch has categorised … of LGFA's 'Very Strong' status regarding ownership and control, 'Strong' level of support, 'Strong' socio-political and 'Very Strong' financial implications of a potential …
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  • LGFA Bond Series and NZX Notices for LGFA Bond Tender 65

    … NZX Announcement  16 July 2019 BOND SERIES AND NZX NOTICES FOR LGFA BOND TENDER 65  New Zealand Local Government Funding Agency Ltd (NZX:LGF) Bond Series and NZX Notices for Tender 65  Tender Date: 17 July 2019 View … LGFA Bond Series and NZX Notices for LGFA Bond Tender 65 …
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  • LGFA financing to local government for water services – December 2024 update to councils

    … In late October 2024, LGFA wrote to the Mayors and CEOs of councils to outline our involvement in the Local Water Done Well (“LWDW”) work programme and to suggest some considerations when developing options … Internal Affairs (“DIA”), Crown Infrastructure Partners, and Water New Zealand to further develop our thinking as to …
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  • Press Release: New CFO Announcement

    … 19 March 2012. Neil was previously the Head of Accounting and Transactional Services at the New Zealand Debt Management … for managing the NZDMO’s financial accounting, forecasting and operational functions. Prior to NZDMO, Neil worked for … of NZ in a variety of roles including financial markets risk policy, financial accounting and treasury operations …
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  • Press Release: LGFA confirms Issue/Settlement Price, Coupon/Interest Rate and Issuance Yield

    … LGFA confirms Issue/Settlement Price, Coupon/Interest Rate and Issuance Yield New Zealand Local Government Funding … participants (or their clients) in the bookbuild process and there is no public pool. The Bonds are expected to be … Phone: 0800 942 822   For all investor relations and media queries, please contact:   Mark Butcher, Chief …
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  • LGFA confirms Issue Price, Interest Rate and Issuance Yield

    … participants (or their clients) in the bookbuild process and there is no public pool. The Bonds are expected to be … on 18 May 2021 under the ticker code LGF140. Arranger and Joint Lead Manager BNZ Phone: 0800 284 017 Joint Lead … Phone: 0800 772 142 ENDS For all investor relations and media queries, please contact: Mark Butcher, Chief …
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  • LGFA considers bond offer

    … 15 May 2034 (Sustainable Financing Bonds) to institutional and New Zealand retail investors. It is anticipated that full … 48 123 123 124) (acting through its New Zealand branch) and Westpac Banking Corporation (ABN 33 007 457 141) (acting … Financing Bonds. No money is currently being sought and applications for the Sustainable Financing Bonds cannot …
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  • LGFA confirms Issue Price, Interest Rate and Issuance Yield

    … 02 October 2024 LGFA confirms Issue Price, Interest Rate and Issuance Yield 2 October 2024 New Zealand Local … participants (or their clients) in the bookbuild process and there is no public pool. The Sustainable Financing Bonds … Phone: 0800 772 142 ENDS For all investor relations and media queries, please contact: Mark Butcher, Chief …
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  • LGFA fixed rate bond offer closes

    … 0.36% per annum. The Issuance Yield, Coupon/Interest Rate and Issue/Settlement Price will be announced shortly. All of … participants (or their clients) in the bookbuild process and there is no public pool. The Bonds are expected to be … on 18 May 2021 under the ticker code LGF140. Arranger and Joint Lead Manager BNZ Phone: 0800 284 017 Joint Lead …
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  • LGFA fixed rate bond offers: Bookbuild update 1

    … bookbuild update relates to LGFA's offers to institutional and New Zealand retail investors of the above existing series … unsubordinated, fixed rate bonds with the maturity dates and NZX ticker codes listed above (together, the 'Bonds'). … are contained in the Series Notices for the 2026 Bonds and 2031 Bonds which were attached to the launch announcement …
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  • LGFA sustainable financing bond offer: Bookbuild update 3

    … Financing Bonds reserved for subscription by LGFA and NZ$254 million trading interest from the Joint Lead … bookbuild update relates to LGFA's offer to institutional and New Zealand retail investors of the above series of … on 11 April 2023 Arranger, Sustainability Coordinator and Joint Lead Manager Westpac Banking Corporation Phone: …
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  • LGFA fixed rate bond offer: Bookbuild update 3

    … a maturity date of 15 May 2031 (Bonds) to institutional and New Zealand retail investors, with the ability to accept … NZ$100 million of Bonds reserved for subscription by LGFA and NZ$135 million trading interest from the Joint Lead … due by 2pm NZT, 12 May 2021. ISIN NZLGFDT017C3 Arranger and Joint Lead Manager BNZ Phone: 0800 284 017 Joint Lead …
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