sign up log in
Want to go ad-free? Find out how, here.

Swap rates

Wholesale swap rates get new energy to push on sharply higher, even on top of the recent sharp increases. This fire is now well ablaze
27th Oct 21, 4:50pm
56
Wholesale swap rates get new energy to push on sharply higher, even on top of the recent sharp increases. This fire is now well ablaze
One-year and two-year New Zealand swap rates in biggest one-day rises since before the OCR was introduced
20th Oct 21, 8:04am
1
One-year and two-year New Zealand swap rates in biggest one-day rises since before the OCR was introduced
Requirement for RBNZ to consider house prices when setting monetary policy sees financial markets do the opposite of what the RBNZ wants - bet on higher interest rates
25th Feb 21, 5:00pm
61
Requirement for RBNZ to consider house prices when setting monetary policy sees financial markets do the opposite of what the RBNZ wants - bet on higher interest rates
In the past week, and despite strong RBNZ signals it wants interest rates to stay very low, local wholesale markets have pushed through a rising rate curve anyway. Borrowers should stay alert
13th Nov 20, 11:55am
18
In the past week, and despite strong RBNZ signals it wants interest rates to stay very low, local wholesale markets have pushed through a rising rate curve anyway. Borrowers should stay alert
ANZ takes term deposit rate offers down to levels never seen before, with no offers above 1%. Is this the death knell for term deposits?
27th Oct 20, 6:55pm
63
ANZ takes term deposit rate offers down to levels never seen before, with no offers above 1%. Is this the death knell for term deposits?
Wholesale money markets mark down two and three year swap rates to virtually zero, taking their cues from Reserve Bank of New Zealand signalling
9th Sep 20, 8:38pm
29
Wholesale money markets mark down two and three year swap rates to virtually zero, taking their cues from Reserve Bank of New Zealand signalling
Treasury and New Zealand Debt Management won't provide detail of exposure to reform of discredited LIBOR, but say they are working to transition away from LIBOR
27th Aug 20, 9:21pm
3
Treasury and New Zealand Debt Management won't provide detail of exposure to reform of discredited LIBOR, but say they are working to transition away from LIBOR
New Zealand's financial services sector readies for the replacement of the discredited LIBOR benchmark interest rate system as the clock ticks
25th Aug 20, 6:10pm
New Zealand's financial services sector readies for the replacement of the discredited LIBOR benchmark interest rate system as the clock ticks
Kiwibank chief economist Jarrod Kerr sees record low interest rates supported by copious amounts of quantitative easing with negative interest rates a risk
12th Jul 20, 7:42am
by Guest
48
Kiwibank chief economist Jarrod Kerr sees record low interest rates supported by copious amounts of quantitative easing with negative interest rates a risk
ANZ takes term deposit rate offers down to levels never seen before, with almost no offers above 2%. It is hoping savers just take it despite significant benefits for shifting to another bank
26th May 20, 12:06pm
60
ANZ takes term deposit rate offers down to levels never seen before, with almost no offers above 2%. It is hoping savers just take it despite significant benefits for shifting to another bank
Term deposit rates dive deep into unexplored territory, at record lows with the strong prospect of sinking further to very dim depths. Savers are realising you can't fight the RBNZ and its LSAP bazooka
14th May 20, 11:00am
30
Term deposit rates dive deep into unexplored territory, at record lows with the strong prospect of sinking further to very dim depths. Savers are realising you can't fight the RBNZ and its LSAP bazooka
Since the RBNZ started cutting official rates hard, term deposit savers have been on the back foot facing diminishing returns. They won't have noticed the small cushion
5th May 20, 12:39pm
47
Since the RBNZ started cutting official rates hard, term deposit savers have been on the back foot facing diminishing returns. They won't have noticed the small cushion
ASB tests the low end of term deposit offer ranges with a range of cuts up to -20 bps. Other banks sure to follow and loan demand is expected to dive and mortgage rates fall
27th Mar 20, 9:55am
34
ASB tests the low end of term deposit offer ranges with a range of cuts up to -20 bps. Other banks sure to follow and loan demand is expected to dive and mortgage rates fall
Interest rate changes are now fast-moving and volatile, at both the wholesale and retail levels. We update what that means for term deposit investors
21st Mar 20, 4:24pm
38
Interest rate changes are now fast-moving and volatile, at both the wholesale and retail levels. We update what that means for term deposit investors
RBNZ takes steps to shore-up NZ financial markets, on top of Monday's OCR cut, as coronavirus crisis escalates. Bank economists anticipate RBNZ's next move will be buying Government bonds, or QE
20th Mar 20, 1:22pm
41
RBNZ takes steps to shore-up NZ financial markets, on top of Monday's OCR cut, as coronavirus crisis escalates. Bank economists anticipate RBNZ's next move will be buying Government bonds, or QE
A downbeat economic outlook is seeing more banks cut their term deposit offers and the trend is probably only just starting
12th Mar 20, 10:46am
33
A downbeat economic outlook is seeing more banks cut their term deposit offers and the trend is probably only just starting
New Zealand's financial markets sink, with wholesale swap rates diving to unprecedented lows
2nd Mar 20, 11:33am
15
New Zealand's financial markets sink, with wholesale swap rates diving to unprecedented lows
Our currency takes a hit on rumours that Covid-19 has arrived. Wholesale swap rates sink as well
28th Feb 20, 5:33pm
53
Our currency takes a hit on rumours that Covid-19 has arrived. Wholesale swap rates sink as well
New Zealand's largest bank leads with term deposit rate increases to their core rate card, taking offers to among the best by a main bank
12th Feb 20, 5:56pm
New Zealand's largest bank leads with term deposit rate increases to their core rate card, taking offers to among the best by a main bank
Kiwibank follows BNZ with new higher term deposit rate offers and sets its highest rate at just 200 days. And they have added a juicy incentive
23rd Jan 20, 4:41pm
Kiwibank follows BNZ with new higher term deposit rate offers and sets its highest rate at just 200 days. And they have added a juicy incentive
BNZ reverses the trend of ever lower term deposit rate offers with a Chinese New Year 'special' that is close to the best offer in the market for any bank
21st Jan 20, 10:46am
12
BNZ reverses the trend of ever lower term deposit rate offers with a Chinese New Year 'special' that is close to the best offer in the market for any bank
New lower term deposit rates from ASB push its offers to among the lowest in the market and an ominous sign for savers because other banks may follow
21st Nov 19, 9:49am
6
New lower term deposit rates from ASB push its offers to among the lowest in the market and an ominous sign for savers because other banks may follow
Markets price in lending rate hikes following the RBNZ's decision to keep the OCR at 1%; Governor Adrian Orr says it's up to retail banks to make business decisions around what they charge their customers
13th Nov 19, 6:04pm
51
Markets price in lending rate hikes following the RBNZ's decision to keep the OCR at 1%; Governor Adrian Orr says it's up to retail banks to make business decisions around what they charge their customers
Three more banks have cut term deposit rates this week and 3% offers are now very rare. We update where TD rates are being pitched now and point out the outliers
12th Sep 19, 11:25am
47
Three more banks have cut term deposit rates this week and 3% offers are now very rare. We update where TD rates are being pitched now and point out the outliers
Term deposit rates go down over the cliff with 3% fading over the horizon quickly as the pace of reductions picks up and spreads to most institutions
15th Aug 19, 10:59am
23
Term deposit rates go down over the cliff with 3% fading over the horizon quickly as the pace of reductions picks up and spreads to most institutions