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[FIXED INTEREST]		Fixed Interest Securities Terms Sheet New Zealand Government  15/11/2011  6.00% The Issuer The New Zealand Government Issue Size 4,416m Maturity Mechanism Cash on maturity S&P Rating AAA Interest Semi-annually on 15 May and 15 November of each year until maturity Registration Certificates are not issued for Government stock. The registry will send a notice of registration, detailing investors holdings in the bonds. Registry Computershare Investor Services Limited

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