LGFA SOI 2026-2029 and Forecast Borrowing Programme

30/06/2026 12:30 NZST, GENERAL

NZX Announcement

30 June 2026

LGFA releases the 2026-29 Statement of Intent, announces bond issuance programme forecast.

Statement of Intent

The New Zealand Local Government Funding Agency (LGFA) has released its Statement of Intent (“SOI”) to shareholders that covers the three-year period from 1 July 2026 to 30 June 2029.

The SOI is attached below and is available on our website: https://www.lgfa.co.nz/investors/annual-reports-and-statement-intent

Bond Issuance Programme

The SOI includes the strategic priorities, objectives, performance targets and financial forecasts for the organisation. As part of the financial forecasts, it is assumed the projected gross bond issuance (excluding treasury stock) for the next three years will be:

FY27 NZ$4.655 billion

FY28 NZ$4.770 billion

FY29 NZ$4.800 billion

As was the case in FY26, LGFA intends to utilise a mix of financing sources including NZD bonds and bills and foreign currency denominated bonds and ECP

ENDS

Released on behalf of NZ Local Government Funding Agency Limited by Mark Butcher, Chief Executive.

Telephone +64 4 974 6744

Email mark.butcher@lgfa.co.nz

Website lgfa.co.nz