Key data points
Last release
—
Observation period
Jul 5, 2024
Next release
—
Forecast
—
Highest
35.50% on Mar 8, 1985
Lowest
0.25% on Dec 18, 2020
About New Zealand Interbank Rate
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.