LGFA Quarterly Funding Update – December 2023

NZX Announcement 11 January 2024 Please find attached the LGFA Quarterly Funding Update to Investors for December 2023. Note that we have revised up our forecast Bond Issuance Programme for the current 2023-24 financial year by NZ$500 million to NZ$5.0 billion (excluding any issuance of Treasury Stock). This reflects the higher amount of council and CCO lending by LGFA in the December 2023 quarter of NZ$1.4 billion and NZ$1.2 billion in the September 2023 quarter. Our issuance in both the AUD and NZD bond markets in the first six months of the current 2023-24 financial year has been NZ$3.4 billion. We will next provide an issuance programme update when we release the 2024-27 Draft Statement of Intent at the end of February 2024. 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 End CA:00424663 For:LGF Type:GENERAL Time:2024-01-11 15:44:35