UPDATE – NZ Market: Auction fails as clearing price falls short of govt-set minimum price

Published 00:05 on March 15, 2023  /  Last updated at 02:15 on March 15, 2023  / /  Asia Pacific, New Zealand

New Zealand on Wednesday did not sell any of the 4.475 million NZUs on offer, as bids failed to meet the government’s confidential reserve price.
New Zealand on Wednesday did not sell any of the 4.475 million NZUs on offer, as bids failed to meet the government’s confidential reserve price.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.