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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
Source: Reserve Bank of New Zealand