The New Zealand Debt Management Office has raised the amount of money it plans to raise through domestic bonds by $1 billion and has introduced a tender for longer-term bonds.
The agency, which is in charge of issuing Government bonds, has already raised $4.1 billion of the $4.5 billion that it announced it was seeking in December.
To allow for regular issuance of around $150 million per week for the rest of the fiscal year, it says it's now extended its maximum to $5.5 billion.
The agency has also introduced a new Government bond with a maturity of May 2021.
