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The use of alternative monetary policy tools

An MoU with the Minister of Finance regarding the use of alternative monetary policy tools.

Published date:: 21 March 2020

MoU between Minister of Finance and RBNZ for use of alternative monetary policy tools

pdf 161.27 KB

We have a memorandum of understanding (MoU) with the Minister of Finance setting out a process by which we may request an indemnity from the Crown pursuant to section 65ZD of the Public Finance Act 1989 in relation to any financial losses arising out of, or in connection with, the use of alternative monetary policy tools in New Zealand.