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Financial Statements of the Government of New Zealand for the Year Ended 30 June 2006

Information for the International Monetary Fund on Special Data Dissemination Standards

Maturity Profile of Gross Sovereign-issued Debt

The following is the maturity profile of gross sovereign-issued debt, which is produced to meet International Monetary Fund (IMF) Special Data Dissemination Standards (SDDS) for central government debt.

Refinancing/repricing risk
$ million < 1 year 1 - 2 years 2 - 5 years 5 - 10 years > 10 years Total
New Zealand-Dollar Debt
Government Stock 3,197 - 6,010 11,519 1,725 22,451
Treasury Bills 4,993 - - - - 4,993
FX contracts and loans (8,021) 1,639 (1,453) (2,118) (1,294) (11,247)
Retail Stock 471 40 21 - - 532
Total New Zealand-Dollar Debt 640 1,679 4,578 9,401 431 16,729
Foreign-Currency Debt
Total Foreign-Currency Debt 17,017 729 255 617 114 18,732
Total Gross Sovereign-Issued Debt 17,657 2,408 4,833 10,018 545 35,461

Core Crown Borrowing Statement

The following information is the core Crown borrowing statement.

$ million 30 June 2006
Total Gross Sovereign-Issued Debt 35,461
New Zealand dollars 934
United States dollars 9,834
Japanese yen 417
Euro & other currencies 7,644
Reserve position at IMF 458
Total Marketable Securities, Deposits and Equity Investments 19,287
Cash 312
Student Loans 5,566
Other advances 2,551
Total Advances and Cash 8,429
Net core Crown debt 7,745
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