Holdings of Kauri bonds (nominal value) - D35

17 November 2020 03:00 p.m.
Next release
15 December 2020 03:00 p.m.
Reserve Bank of New Zealand
Previous years: Monthly:
Oct 2018 Oct 2019 Jun 2020 Jul 2020 Aug 2020 Sep 2020 Oct 2020
Kauri bonds ($m)
Total 28,009 26,314 22,504 23,604 23,604 25,304 25,179
Financial corporations 12,864 13,838 11,927 12,497 12,579 14,107 14,192
Non-financial corporations 7 8 8 8 8 8 8
Central government 2,848 2,694 2,494 2,823 2,808 2,925 2,980
Local government 2 - 136 172 242 242 242
Non-profit institutions 0 0 0 0 0 0 0
Households 2 9 11 11 11 17 17
Non-residents 12,252 9,733 7,897 8,063 7,926 7,974 7,709
Unallocated 33 31 30 30 30 30 30
MEMO ITEM: Non-residents
Total held by non-residents ($m) 12,252 9,733 7,897 8,063 7,926 7,974 7,709
Proportion held by non-residents (%) 43.7 37.0 35.1 34.2 33.6 31.5 30.6

The data: coverage, periodicity, and timeliness


Nominal amount of Kauri bonds (non-resident issued debt securities) on issue in New Zealand at the end of the month. Data is sourced from New Zealand registries (Computershare, Link Market Services, and NZClear), a survey of nominee companies and registered banks.

Periodicity and timeliness

Data is published monthly approximately three weeks after the end of the reference month.

Access by the public

Data release

Data is released on this page.

Statistics release calendar

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


Changes in methodology

From August 2016 data has been sourced from a securities database developed by the Reserve Bank. Data has been backdated to July 2015 but may not be comparable with previously published data due to the inclusion of non-repo eligible Kauri bonds.

Kauri bonds

Kauri bonds

Kauri bonds are New Zealand dollar (NZD) denominated debt security issued in New Zealand by a non-resident (or foreign) issuer.

Repo-eligible Kauri bonds

Repo-eligible Kauri bonds are accepted by the Reserve Bank for repurchase transactions.

Holdings of Kauri bonds

Financial corporations

Financial corporations consist of all units that provide mainly financial services, including financial intermediation, financial risk management, liquidity transformation, and various supporting activities.

This sector includes securities held by the Reserve Bank of New Zealand (RBNZ) and registered banks in New Zealand.

Non-financial corporations

Non-financial corporations consist of resident business enterprises that produce goods and non-financial services to sell at competitive market prices that are sufficient to generate a profit or surplus in the long term.

Central government

Central government is responsible for functions such as taxation, law and order, defence, and those responsible for advancing the economic and social well-being of the country in other ways. It also includes funded social insurance schemes that are financed independently of government general revenue, through levies on households, employers, or the self-employed.

This sector includes securities held by the Accident Compensation Corporation (ACC), Earthquake Commission (EQC), New Zealand Superannuation Fund (NZSF), and Southern Response Earthquake Services Limited (SRESL).

Local government

Local government consists of territorial authorities and regional councils, as well as the other non-market units and non-profit institutions they control.

Non-profit institutions

Non-profit institutions (serving households) consist of resident non-market institutional units that deliver goods or services to fulfil a social need or community interest.


Households are New Zealand resident individuals, families, whänau, hapü, and marae in their role as final consumers and as owners of production factors.


The rest of the world consists of all non-resident institutional units that enter into transactions with resident units, or have other economic links with resident units.


Unallocated is used where the sector of ownership cannot be identified.


Nominal value

The nominal value of securities represents the amount to be repaid at maturity.

Repurchase agreements

Repurchase agreements (repos) are an arrangement involving the provision of securities in exchange for cash with a commitment to repurchase the same or similar securities at a fixed price, either on a specified future date.

Symbols and conventions for summary table

0 Zero or value rounded to zero
- Not applicable
.. Not available
bold Revised/new
italics Provisional
light red background Historical

General notes

  • Individual figures may not sum to the totals due to rounding
  • Percentage changes are calculated on unrounded numbers
  • You are free to copy, distribute and adapt these statistics subject to the conditions listed on our copyright page.