Interbank Rate in New Zealand increased to 1.53 percent in September from 1.25 percent in August of 2019. source: Reserve Bank of New Zealand

Interbank Rate in New Zealand averaged 6.86 percent from 1986 until 2019, reaching an all time high of 24.25 percent in April of 1987 and a record low of 1.25 percent in August of 2019. This page provides - New Zealand Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Three Month Interbank Rate - values, historical data and charts - was last updated on October of 2022.

Interbank Rate in New Zealand is expected to be 1.53 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Three Month Interbank Rate is projected to trend around 2.53 percent in 2023 and 1.53 percent in 2024, according to our econometric models.

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New Zealand Three Month Interbank Rate

Related Last Previous Unit Reference
Interest Rate 3.00 2.50 percent Aug 2022
Money Supply M1 134293.00 135149.00 NZD Million Aug 2022
Money Supply M0 8878.00 8895.00 NZD Million Aug 2022
Interbank Rate 1.53 1.25 percent Sep 2019
Money Supply M2 150882.00 153357.00 NZD Million Jan 2017
Money Supply M3 391713.00 390828.00 NZD Million Aug 2022
Banks Balance Sheet 685128.00 678748.00 NZD Million Aug 2022
Foreign Exchange Reserves 19448.00 21161.00 NZD Million Aug 2022
Deposit Interest Rate 3.02 3.02 percent Sep 2022
Central Bank Balance Sheet 96334.00 95283.00 NZD Million Aug 2022
Loans to Private Sector 117121.00 116660.00 NZD Million May 2021

New Zealand Three Month Interbank Rate
In New Zealand, the interbank rate is the rate of interest charged on short-term loans made between banks..
Actual Previous Highest Lowest Dates Unit Frequency
1.53 1.25 24.25 1.25 1986 - 2019 percent Monthly