|Aug 2018||Aug 2019||Apr 2020||May 2020||Jun 2020||Jul 2020||Aug 2020|
|Term deposits $10,000+|
Average interest rate for new customer term deposits with a minimum of $10,000 investment, advertised at the end of month by all registered banks with available offerings.
Published five working days after the end of the reference period.
Data is released on the Reserve Bank’s Statistics section.
The Statistics Release Calendar provides a long-term plan of scheduled releases. It is updated and released on the first working day of the month.
View the Statistics Release Calendar
Data is collected under Section 36 of The Reserve Bank of New Zealand Act 1989 (The Act).
Read the Reserve Bank of New Zealand Act 1989.
The Reserve Bank of New Zealand publishes only aggregated data. Individual institutional data is confidential.
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 as a special note.
Any major changes in methodology are posted on the website as a special note.
A copy of the survey template and definitions is available.
The Reserve Bank publishes data on the weighted new customer six month term deposit rate in the Retail interest rates on lending and deposits (B3) and data on simple averages for PIE (Portfolio Investment Entity) accounts in New interest bearing term PIE deposits interest rates (B27).
Interest.co.nz publishes term deposit interest rates for a range of terms.
The interest rates recorded here are simple averages of new customer term deposits with a minimum investment of $10,000 advertised by all registered banks with available offerings. Deposits are fixed for a specified period and have a maturity greater than 1 day.
|0||Zero or value rounded to zero|
|light red background||Historical|