Interest and tax | New Zealand
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Interest and tax

Bond Tax Interest
GMB040
The bonds pay a coupon of 4.54% per annum and tax is deducted at the bondholders prescribed investor rate.
Interest payments are made semi annually on 30 November and 31 May each year until redemption. The record date is 10 days prior to the payment day.
GMB050
The bonds pay a coupon of 4.0% per annum and tax is deducted at the bondholders prescribed investor rate.
Interest payments are made semi annually on 1 March and 1 September each year until redemption. The record date is 10 days prior to the payment day.