Funding for Lending Programme
[updated]
Curtain falling on Reserve Bank's Funding for Lending Programme which has continued providing economic stimulus as the OCR has been hiked 400 basis points
6th Dec 22, 7:00am
59
Curtain falling on Reserve Bank's Funding for Lending Programme which has continued providing economic stimulus as the OCR has been hiked 400 basis points
RBNZ expects the FLP, through which banks have already borrowed $12.6 billion, will be further utilised before it closes off in December
23rd Aug 22, 2:00pm
26
RBNZ expects the FLP, through which banks have already borrowed $12.6 billion, will be further utilised before it closes off in December
CEO Vittoria Shortt says ASB hasn't been pocketing any of the benefit from the billions of dollars of RBNZ funding for lending money it's accessing
12th Aug 22, 5:00am
16
CEO Vittoria Shortt says ASB hasn't been pocketing any of the benefit from the billions of dollars of RBNZ funding for lending money it's accessing
RBNZ's Funding for Lending Programme staying because commitment to it 'is important to ensure the tool remains credible for future use if required'
28th Jul 22, 10:13am
38
RBNZ's Funding for Lending Programme staying because commitment to it 'is important to ensure the tool remains credible for future use if required'
ASB the biggest user of the public money on offer via the Reserve Bank's Funding for Lending Programme
22nd Jul 22, 5:00am
27
ASB the biggest user of the public money on offer via the Reserve Bank's Funding for Lending Programme
Bernard Hickey asks why the Reserve Bank is still encouraging banks to lend cheaply and subsidising their profits at the same time as trying to slow the economy?
14th Jul 22, 4:38pm
37
Bernard Hickey asks why the Reserve Bank is still encouraging banks to lend cheaply and subsidising their profits at the same time as trying to slow the economy?
ASB ending its low interest lending campaign to borrowers who are building new houses
18th Mar 22, 11:00am
ASB ending its low interest lending campaign to borrowers who are building new houses
Two banks tap RBNZ's Funding for Lending Programme for a combined $1.15 billion in one day
8th Mar 22, 11:00am
6
Two banks tap RBNZ's Funding for Lending Programme for a combined $1.15 billion in one day
Banks have tapped into the Reserve Bank's Funding for Lending Programme to the tune of more than $8 billion to date
2nd Mar 22, 11:55am
24
Banks have tapped into the Reserve Bank's Funding for Lending Programme to the tune of more than $8 billion to date
ANZ New Zealand taps Reserve Bank's Funding for Lending Programme for $500 million to help 'provide competitive lending to the productive parts of the economy'
7th Jul 21, 12:05pm
2
ANZ New Zealand taps Reserve Bank's Funding for Lending Programme for $500 million to help 'provide competitive lending to the productive parts of the economy'
RBNZ acknowledges its balance sheet is likely to remain large for decades to come, and it will continue to be used in 'innovative' ways to maintain financial stability and support monetary policy
2nd Jun 21, 2:03pm
31
RBNZ acknowledges its balance sheet is likely to remain large for decades to come, and it will continue to be used in 'innovative' ways to maintain financial stability and support monetary policy
Kiwibank becomes the first bank to access the Reserve Bank's Funding for Lending Programme for a second time
31st Mar 21, 4:00pm
2
Kiwibank becomes the first bank to access the Reserve Bank's Funding for Lending Programme for a second time
ASB borrows $500 million through the Reserve Bank's Funding for Lending Programme after pledging to use the money 'in a purposeful way'
26th Mar 21, 5:00am
27
ASB borrows $500 million through the Reserve Bank's Funding for Lending Programme after pledging to use the money 'in a purposeful way'
Fourth drawdown made from RBNZ's Funding for Lending Programme; RBNZ plans to buy larger volume of bonds via its LSAP again this week as markets continue betting on rising inflation
15th Mar 21, 4:21pm
22
Fourth drawdown made from RBNZ's Funding for Lending Programme; RBNZ plans to buy larger volume of bonds via its LSAP again this week as markets continue betting on rising inflation
Document reveals Treasury - like National - wanted the RBNZ to put conditions on its Funding for Lending Programme to direct cheap funding to businesses
22nd Feb 21, 9:00am
18
Document reveals Treasury - like National - wanted the RBNZ to put conditions on its Funding for Lending Programme to direct cheap funding to businesses
Gareth Vaughan gets lost in a fictional world full of fairies, rainbows and unicorns where banks use cheap public money in ways that make New Zealand a better place
14th Feb 21, 6:02am
83
Gareth Vaughan gets lost in a fictional world full of fairies, rainbows and unicorns where banks use cheap public money in ways that make New Zealand a better place
Reserve Bank provides details of its Funding for Lending Programme, which will launch next Monday, December 7 offering banks cheap, three-year funding
1st Dec 20, 2:50pm
95
Reserve Bank provides details of its Funding for Lending Programme, which will launch next Monday, December 7 offering banks cheap, three-year funding
The cheap, commoditised, homogenous home loan market with few distinctions works just the way the major banks like it, and the RBNZ's new funding option may help them consolidate their grip
28th Nov 20, 10:11am
35
The cheap, commoditised, homogenous home loan market with few distinctions works just the way the major banks like it, and the RBNZ's new funding option may help them consolidate their grip
Gareth Vaughan argues the Reserve Bank's COVID-19 response is tilting the playing field in favour of banks at the expense of non-bank deposit takers
23rd Nov 20, 12:01pm
8
Gareth Vaughan argues the Reserve Bank's COVID-19 response is tilting the playing field in favour of banks at the expense of non-bank deposit takers
RBNZ accidentally sent a 'small group' of firms a letter about its Monetary Policy Statement 45 minutes before the document was published
18th Nov 20, 4:47pm
18
RBNZ accidentally sent a 'small group' of firms a letter about its Monetary Policy Statement 45 minutes before the document was published
Gareth Vaughan delves into the Reserve Bank's mandate, economic policy settings, the housing market and the type of society New Zealanders want
15th Nov 20, 6:02am
131
Gareth Vaughan delves into the Reserve Bank's mandate, economic policy settings, the housing market and the type of society New Zealanders want
RBNZ Deputy Governor Geoff Bascand says the prudential regulator can't direct banks to lend funds from its Funding for Lending Programme to a particular sector
13th Nov 20, 10:31am
41
RBNZ Deputy Governor Geoff Bascand says the prudential regulator can't direct banks to lend funds from its Funding for Lending Programme to a particular sector
The RBNZ delaying moves to level capital playing field with Aussie owned banks disappoints NZ owned banks, and exclusion from the Funding for Lending Programme disappoints building societies and credit unions
12th Nov 20, 9:40am
3
The RBNZ delaying moves to level capital playing field with Aussie owned banks disappoints NZ owned banks, and exclusion from the Funding for Lending Programme disappoints building societies and credit unions
Economists expect the RBNZ will consider what impact its $28 billion Funding for Lending Programme has on interest rates before taking a knife to the OCR
12th Nov 20, 7:30am
25
Economists expect the RBNZ will consider what impact its $28 billion Funding for Lending Programme has on interest rates before taking a knife to the OCR
BNZ CEO Angela Mentis suggests the Reserve Bank probably won't need to drop the Official Cash Rate below zero if its proposed funding for lending programme works
6th Nov 20, 9:37am
2
BNZ CEO Angela Mentis suggests the Reserve Bank probably won't need to drop the Official Cash Rate below zero if its proposed funding for lending programme works