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COVID-19 Alert Level 3

At Alert Level 3: Step 1 you can travel throughout Auckland for exercise and recreation outdoors. Our early childhood centres are open for enrolled children only.

Customer-facing facilities like leisure centres, community venues, customer service centres and libraries will remain closed until further notice. Essential services will continue.

Wear a face covering, use the NZ COVID Tracer app, maintain a 2m physical distance, wash your hands, and stay home if you are sick.

For the information about council services and closures, visit the COVID-19 section

To learn more about Auckland Council's response to COVID-19, visit OurAuckland

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Water restrictions in Auckland - Water restrictions are in effect across the Auckland region. Learn more

Ngā mino moni nō tāwāhi

Foreign currency borrowings

​Offshore bond investors

The Local Government Act 2009 (amended in September 2011) allows us to borrow in foreign currency.

We have:

  • a USD 5 billion Secured Medium Term Notes Programme
  • an AUD 3 billion Australian Debt Issuance Programme
  • a USD 2 billion Secured Euro Commercial Paper Programme.

This allows multi currency borrowings in offshore markets.

The USD Secured Medium Term Note Programme is listed on the Singapore Stock Exchange.

All foreign currency borrowings are fully hedged to eliminate currency fluctuations.

Offshore investors, like domestic investors, receive the benefit of the charge over our rates and rates revenue as security.

Offshore issuance programme documents

 Related topics

 

 

Domestic currency borrowingshttps://www.aucklandcouncil.govt.nz/about-auckland-council/investor-centre/information-for-investors/Pages/domestic-currency.aspxDomestic currency borrowingsFind out more about our domestic currency opportunities.aspx
Green Bondshttps://www.aucklandcouncil.govt.nz/about-auckland-council/investor-centre/information-for-investors/Pages/green-bonds.aspxGreen BondsFind out about the Green Bonds fund and what it is used for.aspx