New Zealand is seen as good as it gets when it comes to investing in bonds and other interest yielding investments: it is quite simply regarded as the obvious destination for those seeking high quality combined with high yield. Global demand for New Zealand bonds hit record levels in 2013, which has continued throughout 2014. Foreign ownership of New Zealand government treasuries is heading towards 70%, hardly surprising considering this country’s Aaa/AA/AA credit rating and the significant yield compared to overseas norms. Back in July, when raising rates for the fourth straight meeting, New Zealand Reserve Bank Governor Graeme Wheeler […]
