Tuesday 1st June 2004 |
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These indices will be known as the NZX New Zealand Government Bond and Bank Bill Indices and the NZX New Zealand Corporate Bond Indices.
The Government Bond and Bank Bill indices have been calculated since 1985 and the Corporate Bond Indices since 1994. They are the definitive benchmarks for New Zealand's fixed income market.
"In re-launching the new NZX Bond Indices, NZX consulted with a broad group of financial market participants in order to ensure the indices accurately reflect the New Zealand debt market in its entirety," said Guy Fisher, NZX Indices Manager. "Our goal is to provide the market with the most complete and accurate debt information available."
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