Brexit a boon for NZ councils' cost of borrowing

Not everybody is a loser during times of crisis such as Brexit and local councils are benefiting through lower borrowing costs. With special feature audio.

Jenny Ruth
Wed, 29 Jun 2016

Britain's crisis is delivering lower borrowing costs to local councils in New Zealand.

Yields on Local Government Funding Agency (LGFA) 11-year bonds have fallen about 20 basis points since British voters said they want their country to leave the European Union.

The 2027 bonds are currently

Want to read more? It's easy.

Choose your subscription

Already have an account? Login

Smartphone Only Subscription

NZ$29.95 / monthly

Monthly Premium Online Subscription

NZ$49.95 / monthly

Smartphone Only Annual Subscription

NZ$299.00 / yearly

Yearly Premium Online Subscription

NZ$499.00 / yearly

Premium Group Membership 10 Users

NZ$385+GST / monthly

$38.5 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$660+GST / monthly

$33 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1375+GST / monthly

$27.5 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$2100+GST / monthly

$21 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$999.00 / yearly

Individual

Group membership

NBR Marketplace

Student

Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).

View terms and conditions.