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

01 December 2017 03:00 p.m.
Next release
09 January 2018 03:00 p.m.
Reserve Bank of New Zealand
Previous years: Monthly:
Oct 2015 Oct 2016 Jun 2017 Jul 2017 Aug 2017 Sep 2017 Oct 2017
Total funding by residual maturity
Overnight 139,182 148,446 144,546 149,209 145,321 144,964 150,745
>= 2 days & <= 1 month 24,076 26,258 28,062 27,655 28,636 30,101 32,936
> 1 month & <= 3 months 46,553 50,257 56,690 57,520 64,124 63,584 56,866
> 3 months & <= 6 months 42,512 55,553 57,232 54,405 52,597 51,059 52,931
> 6 months & <= 1 year 41,564 40,242 43,642 41,161 39,731 40,377 41,625
> 1 year & <= 18 months 13,639 16,584 11,329 9,517 11,176 12,634 13,829
> 18 months & <= 2 years 11,372 7,681 13,118 13,860 12,640 11,415 11,993
> 2 years & <= 3 years 17,075 16,193 14,771 16,487 19,088 19,921 19,345
> 3 years & <= 4 years 10,118 10,022 16,086 18,758 16,390 17,617 16,690
> 4 years & <= 5 years 6,963 16,107 12,821 11,837 11,956 10,338 10,594
> 5 years & <= 7 years 4,088 5,892 5,582 6,590 7,901 7,924 8,824
> 7 years & <= 10 years 875 878 2,354 3,034 2,786 2,779 2,969
> 10 years or undated 404 776 539 979 988 986 1,088
Total 358,421 394,888 406,770 411,010 413,332 413,698 420,435

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.