Face value of funding by residual maturity ($m) - L3

05 February 2018 03:00 p.m.
Next release
06 March 2018 03:00 p.m.
Reserve Bank of New Zealand
Previous years: Monthly:
Dec 2015 Dec 2016 Aug 2017 Sep 2017 Oct 2017 Nov 2017 Dec 2017
Total funding by residual maturity
Overnight 143,898 149,877 145,321 144,964 150,745 150,613 149,916
>= 2 days & <= 1 month 24,442 25,735 28,636 30,101 32,936 28,163 27,607
> 1 month & <= 3 months 50,279 60,351 64,124 63,584 56,866 58,682 61,751
> 3 months & <= 6 months 49,107 52,453 52,597 51,059 52,931 56,761 57,573
> 6 months & <= 1 year 35,805 40,669 39,731 40,377 41,625 39,709 38,296
> 1 year & <= 18 months 14,606 14,979 11,176 12,634 13,829 13,410 15,688
> 18 months & <= 2 years 11,636 8,949 12,640 11,415 11,993 12,110 10,632
> 2 years & <= 3 years 14,508 16,520 19,088 19,921 19,345 19,126 19,150
> 3 years & <= 4 years 10,445 10,551 16,390 17,617 16,690 16,685 16,168
> 4 years & <= 5 years 6,588 15,953 11,956 10,338 10,594 11,587 12,245
> 5 years & <= 7 years 4,991 5,922 7,901 7,924 8,824 8,943 7,960
> 7 years & <= 10 years 76 1,169 2,786 2,779 2,969 2,902 3,068
> 10 years or undated 727 774 988 986 1,088 1,181 1,171
Total 367,108 403,899 413,332 413,698 420,435 419,871 421,225

The Data: Coverage, Periodicity, and Timeliness

Coverage characteristics

Data on the value of funding are published as end of month figures in millions of New Zealand dollars. Ratios are published as percentages.




Data is released approximately five weeks after the reference month.

Start-date of aggregate statistics

Tables L1 and L2 are compiled from data required to be reported by registered banks from April 2010, and are published from that date.

Table L3 is compiled from data required to be reported by registered banks from March 2011, and is published from that date.

List of institutions included in published liquidity statistics

All locally incorporated banks are required to provide reports on liquidity to the Reserve Bank. 

Access by the public

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.


Dissemination of terms and conditions under which official statistics are produced, including confidentiality of individual responses

The information is disseminated by the Reserve Bank of New Zealand as a service to the public.

The RBNZ collects, monitors and analyses the data in undertaking its prudential supervisory functions. These operations involve liaising with and monitoring financial institutions, in order to ensure effective implementation of policy and the soundness of the financial system.

Individual bank responses are strictly confidential.

Provision of information about revisions and advance notice of major changes in methodology

Provisional data are italicised. Data are deemed provisional when a series is under review. New data, or revised data, are in bold font. This applies to the summary table only and not excel files. 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 under "Revisions to Tables".

Any major changes in methodology will be posted here on this website.


Dissemination of documentation on methodology and sources used in preparing statistics

Definitions of series are available in the Series description.

The Reserve Bank's Liquidity Policy specifies the minimum prudential standards for registered banks, addressing the degree of liquidity risk that they take on, and their approach to managing that risk.

Dissemination of statistics that support statistical cross-checks and provide assurance of reasonableness

Summary information on bank funding is published in the Standard Statistical Return monthly (See S tables).

Registered banks are required to publish Disclosure Statements quarterly. Summary information from these statements is reproduced by the Reserve Bank and available on the website.

Last updated December 2014

The definitions below are sourced directly from the Liquidity Policy.

Total funding

Total funding is the sum of all market and non-market funding.

Non-market funding

Non-market funding means total deposits/debt securities issued by the bank, not falling within the definition of market funding.

Market funding

Market funding is defined as the total of:

(a) deposits/debt securities of the bank held by financial institutions or related parties of financial institutions;

(b) tradable debt securities issued by the bank not already included in (a) above;

(c) any funding received from related parties of the bank not already included in (a) or (b) above; and

(d) any funding that the registered bank is unable to, or chooses not to allocate between market and non-market funding.

Residual maturity

Residual maturity is the remaining time until the expiration or the repayment of the funding instrument.


The key concept for defining the residency source of funding is the centre of economic interest. An institutional unit or entity is defined as domestic when location exists within the economic territory of the country from which it engages, and intends to continue to engage, in a significant amount of economic activity.


Funding received from an institution or entity with a non-resident withholding tax 'flag' is classified as offshore for the purposes of this report.

Funding received through an agent or nominee, acting on behalf of non-residents, is also identified as offshore funding.

Symbols and conventions for summary table

0 Value rounded to zero
- Zero or 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.