New Zealand Three Month Interbank Rate  Forecast


Interbank Rate in New Zealand is expected to be 2.50 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 2.97 in 12 months time. In the long-term, the New Zealand Three Month Interbank Rate is projected to trend around 4.15 percent in 2020, according to our econometric models.


Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows clients to download millions of rows of historical data, to query our real-time economic calendar and to subscribe to updates.

Interested? Click here to contact us


New Zealand Money Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Interest Rate 1.75 1.75 1.75 1.75 2.25 2.25
Interbank Rate 2.32 2.5 2.66 2.82 2.97 4.15
Money Supply M0 5949 3763 3597 3579 3577 3576
Money Supply M1 60079 59829 59894 59892 59863 59509
Money Supply M2 150882 150677 150608 150538 150469 149847
Money Supply M3 280572 279511 279728 279775 279742 278869
Foreign Exchange Reserves 27783 27036 26899 26838 26767 26132
Banks Balance Sheet 517633 518126 517234 516235 515211 506221
Deposit Interest Rate 3.2 3.46 3.57 3.68 3.79 4.73
Central Bank Balance Sheet 27004 26514 26289 26150 25995 24714
Loans To Private Sector 103771 103280 103144 103041 102947 102148