Private company

New Zealand Local Government Funding Agency

Crown-backed municipal bond aggregator

The New Zealand Local Government Funding Agency or Local Government Funding Agency (LGFA) is a local government funding agency established in New Zealand on 1 December 2011, as a limited liability company, following the enactment of the Local Government Borrowing Act 2011. The LGFA raises funds by issuing bonds on the NZX Debt Market, then on-lends that capital to local councils.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

The New Zealand Local Government Funding Agency or Local Government Funding Agency (LGFA) is a local government funding agency established in New Zealand on 1 December 2011, as a limited liability company, following the enactment of the Local Government Borrowing Act 2011. The LGFA raises funds by issuing bonds on the NZX Debt Market, then on-lends that capital to local councils.2

Sources

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