|May 2019||May 2020||Jan 2021||Feb 2021||Mar 2021||Apr 2021||May 2021|
|Net foreign assets||23,303||25,810||11,358||11,086||12,099||12,340||12,138|
|Claims on non-residents||24,229||27,213||12,180||12,421||13,050||13,659||13,186|
|less Liabilities to non-residents||926||1,402||822||1,335||950||1,319||1,048|
|Claims on other depository corporations||22||1,327||3,462||6,560||7,241||7,184||8,002|
|Net claims on central government||-6,064||10,649||20,743||19,017||18,706||22,540||21,849|
|Claims on central government||3,253||22,413||59,003||59,240||62,504||64,308||60,006|
|less Liabilities to central government (1)||9,317||11,765||38,261||40,223||43,798||41,768||38,157|
|Claims on other sectors||3||3||4||4||4||4||4|
|Currency in circulation||6,790||8,086||8,210||8,155||8,350||8,215||8,160|
|Liabilities to other depository corporations (2)||6,859||26,002||23,735||24,669||25,913||30,492||29,802|
|Liabilities to other sectors||-||-||-||-||-||-||-|
|Other liabilities to other depository corporations||825||703||606||867||798||413||1,126|
|Deposits and securities excluded from monetary base||-||0||0||0||0||0||0|
|Shares and other equity capital||2,840||3,052||3,069||2,995||3,042||2,986||2,939|
|Other items (net)||-49||-55||-53||-18||-52||-39||-35|
|(1) Crown settlement accounts||7,724||9,669||36,434||38,445||42,044||40,061||36,498|
|(2) Settlement institutions' balances||6,859||26,002||23,735||24,669||25,913||30,492||29,802|
The table shows assets and liabilities as at end of month in millions of New Zealand dollars. All assets and liabilities denominated in foreign currency are converted into New Zealand dollars at the relevant exchange rates at balance date. The data starts from December 2001.
The table excludes New Zealand accounts with the IMF. IMF accounts are managed by the Debt Management Office at the New Zealand Treasury.
Go to the Treasury site for more information.
R3 shows balance sheet accounts classified by broad institutional sector of counterparties. Net foreign assets are net claims on non-residents and include such reserves as defined in the International Reserves and Foreign Currency Liquidity (IMF 2001 & 2012) plus other relevant assets of RBNZ. The main aggregates on the liability side are the monetary base, liabilities to other depository corporations and the Reserve Bank's capital equity.
R2 presents balance sheet accounts by instrument and currency. The format follows guidelines described in the Monetary and Financial Statistics Manual (IMF 2000) and Compilation Guide (IMF 2008), modified to meet confidentiality requirements. Some items common to R2 and the accounting balance sheet may differ in value due to methodological and presentational differences.
The main counterparty sub-sectors in the New Zealand economy are:
Data is released two to three weeks after the reference month.
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.
The information is disseminated by the Reserve Bank as a service to the public in a format that preserves the confidentiality of transactions. The function and operations of the Reserve Bank are governed by the Reserve Bank Act 1989.
Find out more about the Reserve Bank Act 1989.
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.
Any major changes in methodology will be posted as a special note.
The statistical data are prepared using guidelines contained in the Monetary and Financial Statistics Manual (IMF 2000) and subsequent Compilation Guide (IMF 2008).
Go to the International Monetary Fund for more information..
RBNZ gross liquid claims on non-residents, excluding New Zealand accounts with the IMF. Include securities encumbered in repurchase agreements and similar reverse transactions. For international reserves data defined according to Balance of Payments/International Investment Position (IIP) standards, see table E1 and SDDS.
A set of liquid liabilities that, according to MFSM 2000, supports the expansion of broad money and credit. Also referred to as high-powered money, the concept includes currency in circulation outside RBNZ and settlement accounts of depository corporations at RBNZ. Exclude Reserve Bank Bills issued by RBNZ. Compulsory reserve requirements on depository corporations were abolished in February 1985
Financial instruments with original maturities of one year or less
Financial instruments with original maturities of over one year
Securities repurchases, reverse repurchases and securities lending are classified as collateralised loans
Registered banks and other deposit taking institutions operating in New Zealand
Insurance companies, pension funds and other non-deposit taking financial corporations
Government departments, local authorities, Rūnanga Iwi and funded social security schemes
Government and local authority trading enterprises
Private producer enterprises
Households and non-profit institutions serving households
Entities whose centre of economic interest is located outside New Zealand territories
Transferable deposits of the central government at the Reserve Bank
Transferable deposits of ESAS account holders at the Reserve Bank. Settlement institutions include several registered banks and other approved financial institutions
Statistical methodology and guidelines contained in the Monetary and Financial Statistics Manual, IMF 2000
15 June 2021
Revisions published today impact historical data from March 2020 to present. The following high level items are affected:
The largest revision is to net foreign assets as at 31 August 2020, which increases by 3.5 percent from the previously published value.
|0||Zero or value rounded to zero|
|light red background||Historical|