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New Zealand Bank Lending Rate

Bank Lending Rate in New Zealand

Indicator Data Period
Bank Lending Rate 10.98 % Nov/22


Latest data on Bank Lending Rate (%)

Bank Lending Rate
                     New Zealand - Historical Data (%)

What is New Zealand Bank Lending Rate?

  • Bank Lending Rate in New Zealand increased to 10.98 % in November 2022. The maximum level was 16.02 % and minimum was 7.5 %.
  • Data published Monthly by Reserve Bank.

Historical Data (%) by years

Data
Period
Date
10.98 Nov/22 07.12.2022
10.93 Oct/22 10.11.2022
10.6 Sep/22 08.10.2022
10.19 Aug/22 10.09.2022
9.95 Jul/22 06.08.2022
9.84 Jun/22 09.07.2022
9.44 May/22 11.06.2022
9.17 Apr/22 07.05.2022


Historical Chart by prime ministers (%)

Bank Lending Rate in New Zealand by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
John Key 19.11.2008 - 12.12.2016 11.9000 9.2500 11.9000 9.2400 -22.27%
Helen Clark 05.12.1999 - 19.11.2008 8.0500 12.2300 12.4500 8.0500 51.93%
Jennifer Shipley 08.12.1997 - 13.04.1999 10.7500 7.5400 11.6400 7.5400 -29.86%
James Bolger 02.11.1990 - 08.12.1997 15.5400 10.6900 15.5400 8.3200 -31.21%

Other money indicators in New Zealand

Index Updated Actual Previous
Interbank Rate Sep/19 1.53 % 1.25
Interest Rate Nov/22 4.25 % 3.5
Loans to Private Sector Oct/22 84.404 B USD 84.053
Money Supply M1 Oct/22 84.284 B USD 85.055
Central Bank Balance Sheet Oct/22 62.686 B USD 63.488
Deposit Interest Rate 2022 3.82 % 3.82
Foreign Direct Investment 2Q/22 3.512 B USD 1.571
Private Sector Credit  Oct/22 351.068 B USD 351.379

Bank Lending Rate in other countries

Country Updated Actual Previous
Australia Nov/22 9.32 % 9.07
New Zealand Nov/22 10.98 % 10.93