New Zealand Interbank RateNew Zealand Interbank RateNew Zealand Interbank Rate

New Zealand Interbank Rate

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Key data points


Last release
Observation period
Nov 1, 2024
Next release
Forecast
Highest
35.50% on Mar 8, 1985
Lowest
0.25% on Dec 18, 2020

About New Zealand Interbank Rate


Category
Money
Frequency
Daily
Units
%
In New Zealand, the interbank rate refers to the 90 day bank bill yield. These bills are mostly issued as Registered Certificates of Deposit (RCD) but can also be a Bill of Exchange issued or accepted by a bank. Bills of Exchange represent only a very small portion of total securities outstanding in this category.