How many bonus bonds are there

NZ Media Releases. NZ Consumer. Why is the Bonus Bonds scheme being wound up? How many people are ANZ contacting? How much will each bondholder receive?

The payment is expected to be made in December Or they can donate the funds to the Cancer Society? What is ANZ doing to contact the remaining bondholders? ANZ general manager branch network Andrew Webster says so far, bondholders who are due to receive a share of the remaining funds have been in contact.

He says while that's about 14 per cent of the total number of bondholders, it does represent 63 per cent of the total funds invested. ANZ announced in August last year that it would stop taking new investments and look at winding up the scheme due to low interest rates reducing the prize pool. Bondholders were then given until October 31 last year to cash in their investment or wait to get their money back, with the possibility of getting a bit extra. He says they've written and emailed everyone who they have details for, and they have heard back from a number of them.

Follow RNZ News. People who left money in the now ended Bonus-Bond scheme look set for a windfall gain. Tags: money. Related Stories Bonus Bonds coming to an end after 50 years 26 Aug ANZ Bank profits hit by pandemic 29 Oct