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Thread: IAGFB Bond

  1. #11
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    Wonder how long the duration will be

  2. #12
    Senior Member
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    Auckland, , New Zealand.
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    15/6/38, but expected repayment will be at the first call date of 15/6/28.

  3. #13
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    thanks....

  4. #14
    Senior Member
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    If you have any of the IAGFB bonds and you want to roll them over into the new ones, the application form is live now. $30 million being reserved for current holders, so will possibly close today.
    https://www.iagsubordinatednotes2022.co.nz/
    Last edited by Grimy; 21-03-2022 at 12:05 PM.

  5. #15
    Senior Member
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    Auckland, , New Zealand.
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    Rate for the new IAGFC notes has been set at 5.32% until the first redemption/reset date in June 2028. Slightly higher than the IAGFB notes (5.15%).

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