Credit Markets Pricing Consultation Results
The New Zealand Financial Markets Association (NZFMA) recently consulted on a proposal to change the format of the Credit Market closing rates (NZNG) from yield to a clean price. The NZFMA received feedback from twelve institutions.
Since the consultation closed on 5 February 2021, the NZFMA's Credit Market committee have considered the responses and discussed next steps. The NZFMA is now in a position to publish a summary of the feedback received and the proposed next steps. This document can be found here.
The NZFMA invites submissions on the proposed next steps by 5.00pm Friday, 9 April 2021.
Address submissions to: firstname.lastname@example.org
Should you have any initial questions or comments please contact John Groom, Director Operations and Compliance, NZFMA - email@example.com.
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