Fig 1 — 90–day rates & Official Cash Rate
The graph shows the path of 90–day bank bill rates and the OCR (the OCR was introduced in March 1999). The rate shown is a weekly average of the benchmark 11am rate.
From May 2016 onwards this graph will be updated at the end of the month. The Bank also publishes the OCR and 90-day bank bill rate daily in the B2 Interest rates table.