Bank of New Zealand (BNZ) and BNZ International Funding (BNZIF) issue debt securities outside of the NZ domestic market as part of BNZ’s offshore wholesale funding programme.

These debt securities include:

  • United States Commercial Paper (USCP)
  • European Commercial Paper (ECP)
  • Global Medium Term Notes (GMTN)
  • Covered Bonds

All debt raised by BNZIF is guaranteed by BNZ.