Funding for Lending
Funding for Lending provides monetary stimulus to the economy so we can meet our consumer price inflation remit.
To provide term funding, collateralised against approved Tier 1* collateral or RMBS, to lower the cost of borrowing for businesses and households. Funding available to 6 June 2022 and 6 December, for initial and additional allocations respectively.
| Date | Release | Terms |
|---|---|---|
| 18 August 2022 | Monetary Policy Tools and the RBNZ Balance Sheet | n/a |
| 1 December 2020 | Reserve Bank outlines details of Funding for Lending Programme | FLP Term Sheet - December 2020 (PDF 294KB) |
| Date | Release | Terms |
|---|---|---|
| 14 December 2021 | Revision to transaction renewal notification period and BFGS data source | TLF Term Sheet - December 2021 (PDF 163KB) |
| 25 May 2021 | Reserve Bank confirms Term Lending Facility to close July 2021 | TLF Term Sheet - December 2020 (PDF 214KB) |
| 16 December 2020 | Reserve Bank extends Term Lending Facility window | TLF Term Sheet - December 2020 (PDF 214KB) |
| 20 August 2020 | Reserve Bank outlines details of revised Term Lending Facility | TLF Term Sheet - August 2020 (PDF 45KB) |
| 4 May 2020 | Reserve Bank outlines details of Term Lending Facility May 2020 | TLF Term Sheet - May 2020 (81KB) |
| 2 April 2020 | Longer-term funding to support business lending | n/a |