Kiwi Bond

A Kiwi Bond is a government bond issued by the New Zealand government. It is a fixed-interest investment that offers a guaranteed return on your investment. Kiwi Bonds are a safe and secure investment option for New Zealand residents.

There are two types of Kiwi Bonds:

* **Retail bonds:** These bonds are available to New Zealand residents who are 18 years or older. You can buy retail bonds online, through a bank or broker, or by calling the New Zealand Debt Management Office (NZDMO).
* **Institutional bonds:** These bonds are available to institutional investors, such as banks, insurance companies, and superannuation funds.

The interest rate on Kiwi Bonds is fixed, so you know how much you will earn each year. The interest rate is set at auction, and it is based on the current market conditions.

Kiwi Bonds are a popular investment option for New Zealanders because they are safe, secure, and offer a guaranteed return on investment. They are also a good way to save for retirement or other long-term goals.

If you are interested in investing in Kiwi Bonds, you can learn more about them on the NZDMO website.