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

03 November 2020 03:00 p.m.
Next release
02 December 2020 03:00 p.m.
Reserve Bank of New Zealand
Previous years: Monthly:
Sep 2018 Sep 2019 May 2020 Jun 2020 Jul 2020 Aug 2020 Sep 2020
Total funding by residual maturity
Overnight 151,655 160,436 191,404 198,877 200,222 208,924 213,607
>= 2 days & <= 1 month 29,479 29,406 32,881 29,276 35,190 31,820 28,760
> 1 month & <= 3 months 59,729 67,009 67,529 69,367 64,733 58,933 57,615
> 3 months & <= 6 months 54,467 64,898 62,892 59,970 58,307 58,945 59,659
> 6 months & <= 1 year 46,444 47,585 44,325 45,318 45,620 47,553 49,755
> 1 year & <= 18 months 15,130 12,770 17,802 15,561 16,541 18,817 16,386
> 18 months & <= 2 years 13,241 15,563 14,458 13,980 12,030 10,913 9,531
> 2 years & <= 3 years 21,454 18,023 14,911 14,967 14,253 13,625 15,289
> 3 years & <= 4 years 12,257 12,264 15,115 14,005 16,150 17,023 16,721
> 4 years & <= 5 years 12,255 16,466 11,995 10,707 9,912 8,938 8,016
> 5 years & <= 7 years 8,150 6,822 4,408 4,340 3,604 3,602 3,257
> 7 years & <= 10 years 3,891 5,167 6,572 6,511 5,816 5,818 5,835
> 10 years or undated 1,389 780 603 597 601 601 602
Total 429,540 457,188 484,896 483,476 482,979 485,511 485,032

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.

Liquidity key points for September 2020

3 November 2020

Today’s Liquidity release includes an attached PDF file “Liquidity key points – September 2020”. The file highlights some of the data impacted by COVID-19 and policy responses.

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.