Debt & capital funding programmes

We have a range of funding programmes and capital instruments which enable the bank to access funding and capital from a variety of domestic and overseas markets in addition to our strong retail funding base.

Kiwibank debt & capital programmes

Programmes

Market

Term

Size

As at 30 June 2026

Additional documents

Euro Commercial Paper (ECP)

Offshore

Short

US$2,000m

US$567m

—

Registered Certificates of Deposit (RCDs)

NZ

Short

N/A

NZ$291m

—

Residential Mortgage Backed Securities (RMBS)

NZ

Short

—

NZ$4,250m

—

Covered Bonds

Offshore

Long

NZ$5,000m

NZ$1,256m

Investor reports

Australian Medium Term Notes (Kangaroo)

Australia

Long

A$3,000m

A$1,439m

—

Domestic Medium Term Notes

NZ

Long

NZ$5,000m

NZ$2,980m

Note Deed Poll dated 30 Aug 2019

MTN LDD dated 17 Sep 2026

Subordinated Notes

NZ

Long

Stand alone

NZ$600m

Additional documents

Perpetual Preference Shares

NZ

Perpetual

Stand alone

NZ$525m

Additional documents