Swap rates
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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
ANZ leads the way with cuts to all its term deposit offers with most of the popular terms now well below 3%. The outlook is for more reductions and other banks following
10th Aug 19, 8:48am
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ANZ leads the way with cuts to all its term deposit offers with most of the popular terms now well below 3%. The outlook is for more reductions and other banks following
Chapman Tripp lawyers look at changes to global base interest rates, pointing out parties to bond, loan, bond, derivative and other financial products will be expected to reflect those changes in their hedging and floating rate contracts
3rd Aug 19, 9:30am
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Chapman Tripp lawyers look at changes to global base interest rates, pointing out parties to bond, loan, bond, derivative and other financial products will be expected to reflect those changes in their hedging and floating rate contracts
Rodney Dickens says understanding how our local long term interest rates are influenced has huge implications for how much they will move in response to RBNZ and Government pro-growth and pro-inflation policies
17th Jul 19, 9:17am
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Rodney Dickens says understanding how our local long term interest rates are influenced has huge implications for how much they will move in response to RBNZ and Government pro-growth and pro-inflation policies
Rodney Dickens says current official forecasts are tainted by wishful thinking and take no account of policies that will boost wage inflation. OCR cuts and fiscal stimulus will boost growth so that the labour market will be tighter next year than now
10th Jul 19, 2:04pm
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Rodney Dickens says current official forecasts are tainted by wishful thinking and take no account of policies that will boost wage inflation. OCR cuts and fiscal stimulus will boost growth so that the labour market will be tighter next year than now