Interest Rates

The New Zealand Interest Rates section contains the daily NZ interest rates and also features monthly and yearly rates, and a NZ interest rates archive. View OCR, bill yields and bond yields.

View and compare today's official cash rate and the bill cash rate.

The graph shows the daily cash rates in comparison to the bank bill yields by day period, and the secondary market government bond yields by year period.

View the past week's interest rates in the table below, or click View All for the entire month. All data courtesy of the Reserve Bank of New Zealand.


Interest Rates July 2009 - Daily
Source: RBNZ
Bill Yields (days) Bond Yields (years)
Date Official Cash Rate Interbank Cash Rate 30 60 90 1 2 5 10
03/07/2009 2.50 - 2.79 2.78 2.80 - 3.70 4.67 5.79
02/07/2009 2.50 2.25 2.79 2.80 2.82 - 3.76 4.74 5.91
01/07/2009 2.50 2.25 2.79 2.81 2.81 - 3.79 4.77 5.93
View all July 2009 Daily Interest Rates  




View and compare the average interest rate for each month for the 2008 year against the bill yields by day period and bond yields by year period.

The graph shows the monthly cash rate in comparison to the bank bill yields by day period, and the secondary market government bond yields by year period.

View the past six months' interest rates in the table below, or click View All for the entire year. All data courtesy of the Reserve Bank of New Zealand.


Interest Rates 2009 - Monthly
Source: RBNZ
Bill Yields (days) Bond Yields (years)
Date Interbank Cash Rate 30 60 90 1 2 5 10
June 2009 2.45 2.80 2.80 2.78 - 3.78 4.80 5.97
May 2009 2.37 2.83 2.82 2.82 2.74 3.62 4.48 5.59
April 2009 3.01 3.29 3.22 3.12 2.99 3.71 4.36 5.24
March 2009 3.08 3.43 3.37 3.24 3.12 3.53 4.02 4.77
February 2009 3.36 3.83 3.60 3.40 3.12 3.48 3.88 4.53
January 2009 4.66 4.80 4.60 4.38 3.55 3.79 4.03 4.49
View all 2009 Monthly Interest Rates