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

03 December 2018 03:00 p.m.
Next release
11 January 2019 03:00 p.m.
Reserve Bank of New Zealand
Previous years: Monthly:
Oct 2016 Oct 2017 Jun 2018 Jul 2018 Aug 2018 Sep 2018 Oct 2018
Total funding by residual maturity
Overnight 148,446 150,745 151,013 154,197 150,326 151,655 156,304
>= 2 days & <= 1 month 26,258 32,936 29,989 28,956 29,306 29,479 29,123
> 1 month & <= 3 months 50,257 56,866 59,197 59,464 63,362 59,729 54,399
> 3 months & <= 6 months 55,553 52,931 52,125 48,572 48,846 54,467 60,828
> 6 months & <= 1 year 40,242 41,625 50,249 51,718 49,590 46,444 47,311
> 1 year & <= 18 months 16,584 13,829 14,590 14,207 17,078 15,130 13,244
> 18 months & <= 2 years 7,681 11,993 11,949 12,465 12,303 13,241 13,720
> 2 years & <= 3 years 16,193 19,345 22,715 23,824 21,131 21,454 20,368
> 3 years & <= 4 years 10,022 16,690 14,573 13,650 13,780 12,257 13,113
> 4 years & <= 5 years 16,107 10,594 10,564 10,204 10,137 12,255 12,808
> 5 years & <= 7 years 5,892 8,824 8,214 9,466 9,549 8,150 7,526
> 7 years & <= 10 years 878 2,969 4,011 3,977 4,088 3,891 3,881
> 10 years or undated 776 1,088 1,463 1,462 1,387 1,389 1,396
Total 394,888 420,435 430,651 432,163 430,882 429,540 434,020

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.

View the Statistics Release Calendar.


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.

View the Liquidity Policy.

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.

A list of registered banks is available.

Last updated December 2014

The definitions below are sourced directly from the Liquidity Policy.

Total loans and advances

Total loans and advances (as per BS13) is the figure for loans & advances (net) as reported in the monthly Bank Balance Sheet Survey for the month that is two months prior to the BS13 reporting month.

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:

  1. deposits/debt securities of the bank held by financial institutions or related parties of financial institutions;
  2. tradable debt securities issued by the bank not already included in (a) above;
  3. any funding received from related parties of the bank not already included in (a) or (b) above; and
  4. 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 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.