• A kiwi bond is a type of security offered directly to the public and available only to New Zealand residents.

  • Kiwi bonds are denominated in New Zealand dollars with a fixed interest rate, which is paid quarterly at the end of the period.
  • Bond maturities are six months, one year, two years and four years.
  • Investors can purchase bonds for as little as NZ$1,000 with a maximum investment of NZ$500,000 in any single issue.