/ Credit ratings

Credit ratings

Credit rating assigned from both Moody's Investor Service (Moody's), and Standard and Poor's Global Ratings (S&P).

Moody's credit ratings

Moody's credit ratings for Kāinga Ora - Homes and Communities and HNZL – latest updated 11 April 2025

Rating type	Rating	Outlook
Local currency LT	Aaa	Stable
Local currency ST	P-1
Foreign currency LT	Aaa	Stable
Foreign currency ST	P-1

Moody's also assigns long-term ratings for Kāinga Ora - Homes and Communities. These local and foreign currency ratings are both Aaa.

Moody’s ratings reports for Kāinga Ora are unable to be provided on this site.

S&P credit ratings

S&P credit ratings for Kāinga Ora - Homes and Communities and HNZL – latest update 10 February 2025

Rating type	Rating	Outlook
Local currency LT	AAA	Stable
Local currency ST	A-1+
Foreign currency LT	AA+	Stable
Foreign currency ST	A-1+

Housing New Zealand Ltd. ratings affirmed; outlook Stable [PDF, 129 KB]

Kāinga Ora - Homes and Communities ratings affirmed; outlook Stable [PDF, 140 KB]

A credit rating is not a recommendation to buy, sell or hold any securities and may be subject to suspension, change or withdrawal at any time by the assigning rating agency.

Disclaimer

The information on this webpage is issued by Kāinga Ora - Homes and Communties for informational purposes. To the extent that this webpage refers to an offer of securities, no offer is made to anyone accessing this webpage outside of New Zealand and otherwise than in compliance with any applicable securities laws or regulations. To the extent that this webpage refers to any offer of securities to any person in New Zealand, such offer will be made to only wholesale investors and in accordance with the Financial Markets Conduct Act 2013 (FMCA).

Users accessing this webpage acknowledge and accept that they will comply with any applicable securities laws or regulations (including, without limitation, the FMCA).

Page updated: 12 February 2025