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

Interbank Rate in New Zealand is expected to be 1.28 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in New Zealand to stand at 1.28 in 12 months time. In the long-term, the New Zealand Three Month Interbank Rate is projected to trend around 1.53 percent in 2020, according to our econometric models.

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New Zealand Three Month Interbank Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.53 1.25 24.25 1.25 1986 - 2019 percent Monthly


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..

New Zealand Money Last Previous Highest Lowest Unit
Interest Rate 1.00 1.00 67.32 1.00 percent [+]
Interbank Rate 1.53 1.25 24.25 1.25 percent [+]
Money Supply M0 7555.00 7086.00 213058.00 1081.00 NZD Million [+]
Money Supply M1 78758.00 76187.00 78758.00 1585.70 NZD Million [+]
Money Supply M3 324328.00 321673.00 324328.00 6726.00 NZD Million [+]
Foreign Exchange Reserves 26458.00 28602.00 32785.00 1029.50 NZD Million [+]
Banks Balance Sheet 584096.00 588551.00 588551.00 236047.00 NZD Million [+]
Deposit Interest Rate 1.18 1.14 16.32 1.02 percent [+]
Loans To Private Sector 120038.00 118357.00 120038.00 34958.00 NZD Million [+]
Central Bank Balance Sheet 24599.00 25185.00 36050.00 7116.00 NZD Million [+]