Auckland International Airport Ltd is extremely popular with investors, with the full amount of a $130 million retail bond issue being taken up.
A $80 million bond offer has already been filled by the general public and investors who already hold airport bonds have now bought an extra $50 million worth.
Auckland International Airport Ltdsays the uptake shows investors see the company as a relatively safe port in an economic storm.
Companies issue bonds as long-term IOUs that are repaid to investors with interest on their due date.