Supporting information:
C10 Interest rates of New Zealand dollar funding and claims: Registered banks (Weighted interest rate)
| Funding | Spread | Claims | ||||||
| NZD Funding Monthly WAIR (%pa) | 1 | Spread | NZD Claims Monthly WAIR (%pa) | |||||
| Previous Years: | ||||||||
| Mar 2010 | 3.69 | 2.52 | 6.20 | |||||
| Mar 2011 | 4.02 | 2.18 | 6.20 | |||||
| Monthly: | ||||||||
| Apr 2011 | 4.00 | 2.15 | 6.15 | |||||
| May 2011 | 3.96 | 2.14 | 6.10 | |||||
| Jun 2011 | 3.91 | 2.18 | 6.09 | |||||
| Jul 2011 | 3.85 | 2.22 | 6.07 | |||||
| Aug 2011 | 3.84 | 2.24 | 6.08 | |||||
| Sep 2011 | 3.84 | 2.27 | 6.11 | |||||
| Oct 2011 | 3.83 | 2.22 | 6.05 | |||||
| Nov 2011 | 3.74 | 2.23 | 5.97 | |||||
| Dec 2011 | 3.73 | 2.23 | 5.96 | |||||
| Jan 2012 | 3.73 | 2.21 | 5.94 | |||||
| Feb 2012 | 3.73 | 2.21 | 5.94 | |||||
| Mar 2012 | 3.75 | 2.16 | 5.91 | |||||
| 1 | Figures exclude foreign currency funding, which accounts for approximately 36% of total registered bank funding at December 2011. NZD funding costs also exclude the impact of hedging, for example interest rate swap costs incurred against fixed rate claims. | |||||||
Last updated 30 April 2012 |
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Source: Reserve Bank of New Zealand |
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