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Official Cash Rate

New Zealand Official Cash Rate

The Official Cash Rate is the benchmark interest rate set by the Reserve Bank of New Zealand and is the s main means of imposing monetary policy. The Bank provides short-term funding to financial institutions which influences interest rates for commercial loans.

Date Value Previous Change
Dec 10, 2015 2.50 2.75 -25.00 bps
Sep 10, 2015 2.75 3.00 -25.00 bps
Jul 23, 2015 3.00 3.25 -25.00 bps
Jun 11, 2015 3.25 3.50 -25.00 bps
Jul 24, 2014 3.50 3.25 +25.00 bps
Jun 12, 2014 3.25 3.00 +25.00 bps
Apr 24, 2014 3.00 2.75 +25.00 bps
Mar 13, 2014 2.75 2.50 +25.00 bps
Mar 10, 2011 2.50 3.00 -50.00 bps
Jul 29, 2010 3.00 2.75 +25.00 bps
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