L3 Face value of funding by residual maturity ($m)

09 March 2017 03:00 p.m.
Next release
04 April 2017 03:00 p.m.
Reserve Bank of New Zealand
Data files
L3 (2011-current) (XLS 52.5 KB)
Previous years: Monthly:
Jan 2015 Jan 2016 Sep 2016 Oct 2016 Nov 2016 Dec 2016 Jan 2017
Total funding by residual maturity
Overnight 123,439 143,700 145,949 148,446 149,569 149,877 148,750
>= 2 days & <= 1 month 26,125 24,505 26,324 26,258 26,350 25,735 26,780
> 1 month & <= 3 months 52,124 50,262 51,832 50,257 50,878 60,351 60,626
> 3 months & <= 6 months 44,855 49,318 52,816 55,553 57,336 52,453 51,204
> 6 months & <= 1 year 33,380 35,137 39,772 40,242 40,527 40,669 39,450
> 1 year & <= 18 months 14,268 16,366 17,254 16,584 15,213 14,979 14,448
> 18 months & <= 2 years 9,305 10,794 8,375 7,681 7,158 8,949 8,396
> 2 years & <= 3 years 18,979 14,064 16,272 16,193 15,293 16,520 16,957
> 3 years & <= 4 years 8,506 10,510 10,222 10,022 10,059 10,551 10,976
> 4 years & <= 5 years 9,287 7,196 15,899 16,107 16,228 15,953 17,830
> 5 years & <= 7 years 2,862 5,040 4,854 5,892 6,307 5,922 4,782
> 7 years & <= 10 years 833 77 1,022 878 1,102 1,169 1,179
> 10 years or undated 688 909 700 776 771 774 769
Total 344,650 367,877 391,292 394,888 396,791 403,899 402,147

The Data: Coverage, Periodicity, and Timeliness

Coverage characteristics

Data on the value of funding are published as end of month figures in millions of New Zealand dollars. Ratios are published as percentages.




Data is released approximately five weeks after the reference month.

Start-date of aggregate statistics

Tables L1 and L2 are compiled from data required to be reported by registered banks from April 2010, and are published from that date.

Table L3 is compiled from data required to be reported by registered banks from March 2011, and is published from that date.

List of institutions included in published liquidity statistics

All locally incorporated banks are required to provide reports on liquidity to the Reserve Bank. The date of their inclusion in the aggregate published results is noted in brackets.

  • ANZ Bank New Zealand Limited (from April 2010)
  • ASB Bank Limited (from April 2010)
  • Bank of Baroda (New Zealand) Limited (from April 2010)
  • Bank of India (New Zealand) Limited (from September 2011)
  • Bank of New Zealand Limited (from April 2010)
  • China Construction Bank (New Zealand) Limited (from July 2014)
  • Heartland Bank Limited (from December 2012)
  • Industrial and Commercial Bank of China (New Zealand) Limited (from November 2013)
  • Kiwibank Limited (from April 2010)
  • Rabobank New Zealand Limited (from December 2012)
  • SBS Bank Limited (from April 2010)
  • The Co-operative Bank Limited (from October 2011)
  • TSB Bank Limited (from April 2010)
  • Westpac New Zealand Limited (from April 2010)

Access by the public

Statistics release calendar

The "Statistics Release Calendar" is updated and released on the last working day of the month. This is a long-term plan of scheduled releases.


Dissemination of terms and conditions under which official statistics are produced, including confidentiality of individual responses

The information is disseminated by the Reserve Bank of New Zealand as a service to the public.

The RBNZ collects, monitors and analyses the data in undertaking its prudential supervisory functions. These operations involve liaising with and monitoring financial institutions, in order to ensure effective implementation of policy and the soundness of the financial system.

Individual bank responses are strictly confidential.

Provision of information about revisions and advance notice of major changes in methodology

Provisional data are italicised. Data are deemed provisional when a series is under review. New data, or revised data, are in bold font. Revisions are generally published when the table is next due to be updated and released. Should revisions need to be made more promptly, a note is posted on the website under "Revisions to Tables".

Any major changes in methodology will be posted here on this website.


Dissemination of documentation on methodology and sources used in preparing statistics

Definitions of series are available in the Series description.

The Reserve Bank's Liquidity Policy specifies the minimum prudential standards for registered banks, addressing the degree of liquidity risk that they take on, and their approach to managing that risk.

Dissemination of statistics that support statistical cross-checks and provide assurance of reasonableness

Summary information on bank funding is published in the Standard Statistical Return monthly (See S tables).

Registered banks are required to publish Disclosure Statements quarterly. Summary information from these statements is reproduced by the Reserve Bank and available on the website.

Last updated December 2014

The definitions below are sourced directly from the Liquidity Policy.

Total funding

Total funding is the sum of all market and non-market funding.

Non-market funding

Non-market funding means total deposits/debt securities issued by the bank, not falling within the definition of market funding.

Market funding

Market funding is defined as the total of:

(a) deposits/debt securities of the bank held by financial institutions or related parties of financial institutions;

(b) tradable debt securities issued by the bank not already included in (a) above;

(c) any funding received from related parties of the bank not already included in (a) or (b) above; and

(d) any funding that the registered bank is unable to, or chooses not to allocate between market and non-market funding.

Residual maturity

Residual maturity is the remaining time until the expiration or the repayment of the funding instrument.


The key concept for defining the residency source of funding is the centre of economic interest. An institutional unit or entity is defined as domestic when location exists within the economic territory of the country from which it engages, and intends to continue to engage, in a significant amount of economic activity.


Funding received from an institution or entity with a non-resident withholding tax 'flag' is classified as offshore for the purposes of this report.

Funding received through an agent or nominee, acting on behalf of non-residents, is also identified as offshore funding.

Symbols and conventions

0 Value rounded to zero
- Zero or not applicable
.. Not available
bold Revised/new
italics Provisional

General notes

  • Individual figures may not sum to the totals due to rounding
  • Percentage changes are calculated on unrounded numbers
  • You are free to copy, distribute and adapt these statistics subject to the conditions listed on our copyright page.