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

04 April 2018 03:00 p.m.
Next release
04 May 2018 03:00 p.m.
Reserve Bank of New Zealand
Previous years: Monthly:
Feb 2016 Feb 2017 Oct 2017 Nov 2017 Dec 2017 Jan 2018 Feb 2018
Total funding by residual maturity
Overnight 145,962 148,576 150,745 150,613 149,916 149,469 148,743
>= 2 days & <= 1 month 26,882 33,380 32,936 28,163 27,607 28,808 28,818
> 1 month & <= 3 months 48,957 55,867 56,866 58,682 61,751 59,211 64,032
> 3 months & <= 6 months 45,714 48,232 52,931 56,761 57,573 57,379 51,299
> 6 months & <= 1 year 35,990 41,607 41,625 39,709 38,296 36,207 38,530
> 1 year & <= 18 months 16,479 13,024 13,829 13,410 15,688 16,401 15,327
> 18 months & <= 2 years 12,075 10,134 11,993 12,110 10,632 10,952 13,951
> 2 years & <= 3 years 14,877 18,621 19,345 19,126 19,150 19,961 18,590
> 3 years & <= 4 years 10,205 10,781 16,690 16,685 16,168 18,187 17,438
> 4 years & <= 5 years 7,922 17,615 10,594 11,587 12,245 9,924 9,356
> 5 years & <= 7 years 5,068 5,377 8,824 8,943 7,960 8,094 8,105
> 7 years & <= 10 years 987 890 2,969 2,902 3,068 3,754 3,758
> 10 years or undated 909 770 1,088 1,181 1,171 1,256 1,311
Total 372,025 404,874 420,435 419,871 421,225 419,601 419,258

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 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.