Investors have the opportunity to buy seven year bonds in Z Energy Limited – the company formerly called Greenstone Energy Limited.

See weekly market update video below with IRG BOP investment adviser Jonathan York.

The offer is open until August 5 and the bonds will have an interest rate of 7.25 percent to mature on August 15, 2018.

Z Energy treasurer Richard Norris says this bond offer is about giving New Zealanders an opportunity to invest in a Kiwi brand.

'We are pleased to be offering bonds to New Zealand investors, following its successful inaugural bond offering in 2010,” says Richard.

'This represents an opportunity to invest in an emerging Kiwi brand, supported by 100 years of heritage and a track record of market-leading performance.”