NZ Market: First NZU auction sells out at NZ$36

Published 23:55 on March 16, 2021  /  Last updated at 10:48 on March 17, 2021  /  Asia Pacific, New Zealand  /  No Comments

New Zealand sold all 4.75 million NZUs on offer at its inaugural auction Wednesday, with the sale clearing more than 7% below the secondary market at NZ$36 ($25.90).

New Zealand sold all 4.75 million NZUs on offer at its inaugural auction Wednesday, with the sale clearing more than 7% below the secondary market at NZ$36 ($25.90).

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