PREVIEW: New Zealand unlikely to sell any NZUs at upcoming auction, participants say

Published 06:49 on June 17, 2024  /  Last updated at 06:49 on June 17, 2024  / /  Asia Pacific, New Zealand

New Zealand market participants have all but written off any chance Wednesday’s government NZU auction will clear due to the secondary market trading at prices below the auction price floor amid ongoing regulatory uncertainty.
New Zealand market participants have all but written off any chance Wednesday’s government NZU auction will clear due to the secondary market trading at prices below the auction price floor amid ongoing regulatory uncertainty.


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