ANZ has announced that they will be winding down the Bonus Bonds scheme at the end of October. There are 1.3 million Kiwis with about $3.25 billion invested in Bonus Bonds.

If you have Bonus Bonds and you’re not sure what to do next, you are not alone. We are finding a lot of our clients have questions about their Bonus Bonds.

You have two options

  1. Cash in your Bonus Bonds before October (when the formal winding up of the scheme begins)
  2. Or, after October, the funds will be frozen for up to 12 months as the scheme is wound up and money returned to Bonus Bonds holders or their estates

Chat about your options

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