Investor Presentaiton

Net core Crown debt contained NZ$b 80 50 Forecast % of GDP 35 70 60 50 40 GN NW 15 25 20 30 30 20 10 10 LO 5 10 0 2008 2010 2012 2014 2016 0 2018 2020 2022 Year ending 30 June Net core Crown debt -% of nominal GDP (RHS) Source: The Treasury, HYEFU 2017 14

View entire presentation