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An 18-strong team was named over the weekend for the event at Cambridge on January 18-20.
Bond had been concentrating on the road time trial in which he gained a Commonwealth Games bronze medal since he retired from rowing after the 2016 Olympics.
But he has refocused his goals and is now putting his energy into the track. The 32-year-old is aiming for a place in the 4000m pursuit team.
Bond told media earlier this month that after finishing 25th in the world championships in the time trial he had a long think about his future. He was making gains but not significant enough to be near the top contenders.
He has switched to the track but has not been named in the squad for Cambridge and the meet in Hong Kong a week later.
Cycling New Zealand wants to take advantage of hosting a world cup at its headquarters in Cambridge by giving its next tier of development riders a taste of international competition against an expected 250 riders from more than 20 countries.
A further 17 New Zealand riders will get the chance of some invaluable international experience competing for two trade teams. Southlander Corbin Strong has been included in these teams.
The elite team is anchored by the three-time world champion sprint trio of Eddie Dawkins, Ethan Mitchell and Sam Webster while the female sprinters comprise national record-holders Emma Cumming and Natasha Hansen.
The male endurance squad is built around 2017 world champion silver medallists Nick Kergozou and Regan Gough, 2016 individual pursuit world champion Jordan Kerby and four-time junior world champion Campbell Stewart.
Making a return to the squad is the 2013 omnium world champion Aaron Gate after plying his trade on the professional road scene for the last two years.
The core of the female endurance squad is anchored by Commonwealth Games silver medallists Rushlee Buchanan, Racquel Sheath, Kirstie James and Bryony Botha.
The sprint riders in the two trade teams were selected from recent trials while the endurance squads have progressed from successful New Zealand junior world championship campaigns and comprise several riders from the Subway and Grassroots Trust Performance Hubs.
Making a return is Olympian Lauren Ellis, after the birth of her first child, while Rio teammate Jaime Nielsen, another new mother, has also recently made her return.