New Zealand bank lending rate


New Zealand bank lending rate closed down 11.63 as of December 31, 2024 from 12.01 from the previous day, 12.62 last week and 12.16 last month.

New Zealand bank lending rate Analytics & Data





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New Zealand bank lending rate closing prices of the last 60 days are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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New Zealand bank lending rate Historical Data

Date Close
2024-12-31 11.63
2024-11-30 12.01
2024-10-31 12.08
2024-09-30 12.42
2024-08-31 12.59
2024-07-31 12.62
2024-06-30 12.67
2024-05-31 12.59
2024-04-30 12.64
2024-03-31 12.66
2024-02-29 12.65
2024-01-31 12.58
2023-12-31 12.65
2023-11-30 12.63
2023-10-31 12.63
2023-09-30 12.68
2023-08-31 12.66
2023-07-31 12.66
2023-06-30 12.62
2023-05-31 12.35
2023-04-30 12.16
2023-03-31 11.93
2023-02-28 11.62
2023-01-31 11.54
2022-12-31 11.47
2022-11-30 10.98
2022-10-31 10.93
2022-09-30 10.6
2022-08-31 10.19
2022-07-31 9.95
2022-06-30 9.84
2022-05-31 9.44
2022-04-30 9.17
2022-03-31 9
2022-02-28 8.76
2022-01-31 8.73
2021-12-31 8.68
2021-11-30 8.61
2021-10-31 8.55
2021-09-30 8.41
2021-08-31 8.41
2021-07-31 8.45
2021-06-30 8.37
2021-05-31 8.34
2021-04-30 8.28
2021-03-31 8.3
2021-02-28 8.31
2021-01-31 8.27
2020-12-31 8.37
2020-11-30 8.34
2020-10-31 8.37
2020-09-30 8.44
2020-08-31 8.38
2020-07-31 8.34
2020-06-30 8.33
2020-05-31 8.35
2020-04-30 8.53
2020-03-31 8.5
2020-02-29 9.09
2020-01-31 9.09

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New Zealand bank lending rate Statistics

Security Symbol Last Momentum Trend Oscillator 1D% 1W% 1M% 1Y%
New Zealand bank lending rate nz.banks.lendingrate 0 0 0 0

New Zealand bank lending rate Quantitative Analysis, Charts & Factors

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New Zealand bank lending rate Historical Data

The MacroVar database offers free access to historical data for the New Zealand bank lending rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of New Zealand bank lending rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the New Zealand bank lending rate

The New Zealand bank lending rate refers to the interest rate at which banks in New Zealand lend money to businesses and individuals. This rate is set by the Reserve Bank of New Zealand and is used as a benchmark for determining the cost of borrowing for consumers and businesses. The bank lending rate is influenced by a variety of factors, including the official cash rate set by the Reserve Bank, inflation, economic growth, and market conditions. A lower lending rate can stimulate borrowing and spending, while a higher rate can help to control inflation and prevent overheating in the economy. Ultimately, the bank lending rate plays a crucial role in shaping the overall economic environment in New Zealand.

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