Good comparative data are hard to come by, but it seems likely that the New Zealand government's overall net asset position is today at least as good as the average for developed countries. It is also worth noting that the New Zealand government now has no net foreign currency debt.
What’s more, it forms the foundations of the capital markets union (CMU) by providing the technical network through which capital can move freely around the EU. The free movement of capital means greater access to financing for Europe’s businesses and more diversified investment opportunities for investors.