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Our statistical balance sheet (R2)

This is the Reserve Bank's balance sheet – a summary of the assets and liabilities we hold to fulfil our functions – presented by instrument and currency.

Previous years: Monthly:
May 2020 May 2021 Jan 2022 Feb 2022 Mar 2022 Apr 2022 May 2022
ASSETS
Monetary gold and holdings of SDR 0 0 0 0 0 0 0
Currency and deposits 12,751 3,832 9,118 8,280 8,048 6,910 10,818
Securities other than shares 35,874 67,873 65,448 64,976 63,326 61,423 61,139
Loans and reverse repurchase agreements 1,246 5,446 9,901 10,398 11,814 11,842 12,551
Shares and other equity assets 196 261 279 270 262 273 276
Financial derivatives 709 3,738 5,791 6,303 7,777 8,836 8,671
Other accounts receivable 182 46 12 28 66 31 102
Nonfinancial assets 169 174 162 164 165 165 164
TOTAL ASSETS 51,125 81,371 90,711 90,418 91,457 89,480 93,722
LIABILITIES
Currency in circulation 8,086 8,160 8,910 8,910 9,020 9,087 8,987
Deposits included in broad money 0 0 0 0 0 0 0
Deposits excluded from broad money 35,711 66,671 75,927 76,110 77,776 74,349 78,728
Securities included in broad money 0 0 0 0 0 0 0
Securities excluded from broad money 75 450 0 0 0 0 800
Loans and repurchase agreements 1,735 2,017 1,970 1,939 1,486 2,216 1,540
Financial derivatives 1,422 353 864 598 388 969 865
Other accounts payable 1,043 781 205 124 200 196 106
Shares and other equity capital 3,052 2,939 2,836 2,737 2,587 2,662 2,696
TOTAL LIABILITIES 51,125 81,371 90,711 90,418 91,457 89,480 93,722

Find out more about how the Reserve Bank used its balance sheet to support monetary and financial stability

The data: coverage, periodicity and timeliness

Coverage characteristics

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 International Monetary Fund. IMF accounts are managed by the Debt Management Office at the New Zealand Treasury.

Go to the Treasury for more information.

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 relevant financial instruments are:

  • monetary gold and SDR
  • currency and deposits
  • securities other than shares
  • loans
  • shares and other equity
  • financial derivatives
  • other accounts payable/receivable
  • nonfinancial assets.

Periodicity

Monthly.

Timeliness

We release data two to three weeks after the reference month.

Access by the public

Statistics release calendar

The statistics release calendar provides a long-term plan of scheduled releases. We update and release it on the first working day of the month.

View the statistics release calendar

Integrity

Dissemination of terms and conditions under which official statistics are produced, including confidentiality of individual responses

We provide this information as a service to the public in a format that preserves the confidentiality of transactions. Our function and operations are governed by the Reserve Bank of New Zealand Act 1989.

Find out more about the Reserve Bank of New Zealand Act 1989

Provision of information about revisions and advance notice of major changes in methodology

Provisional data are italicised. New data, or revised data, are in bold font. We deem data as provisional when a series is under review. This applies to the summary table only and not Excel files. We generally publish revisions when we are next due to update and release the table. Should we need to make revisions more promptly, we will post a special note.

Any major changes in methodology will be posted as a special note.

Quality

Dissemination of documentation on methodology and sources used in preparing statistics

We prepare statistical data using guidelines contained in the Monetary and Financial Statistics Manual (IMF 2000) and subsequent Compilation Guide (IMF 2008).

Go to the International Monetary Fund website for more information.

Assets

Monetary gold and holdings of SDR

Nil. During 1998/1999, our role as holder of International Monetary Fund Special Drawing Rights (SDR) was transferred to the New Zealand Treasury. The foreign currency assets and liabilities transferred to the Treasury were of equal value.

Currency and deposit

Holdings of foreign notes and coin
Physical currency issued by foreign central banks or emitting institutions we hold. Nil.

Transferable deposits
Current account balances.

Other deposits
Deposits other than transferable balances.

Securities other than shares

Marketable securities and negotiable financial instruments other than share equities.

Loans

Loans and advances including securities repurchase agreements.

Shares and other equity

Shareholding in the Bank for International Settlement (BIS).

Financial derivatives

Derivative financial instruments in a notional gain position.

Other accounts receivable

Settlement accounts, items in the process of collection, dividends and other receivables.

Non-financial assets

Fixed assets, inventories and other non-financial assets.

Liabilities

Currency in circulation

Notes and coin we issue, excluding currency held in inventory.

Deposits included in broad money

Our deposit accounts included in the national definition of broad money.

Deposits excluded from broad money

Our deposit accounts excluded from the national definition of broad money.

Securities other than shares, included in broad money

Marketable securities included in the national definition of broad money.

Securities other than shares, excluded from broad money

Marketable securities excluded from the definition of broad money.

Loans

Loans and advances including securities repurchase agreements.

Financial derivatives

Derivative financial instruments in a notional loss position.

Other accounts payable

Include securities settlement accounts, dividends payable and other accounts payable.

Shares and other equity

Capital, reserves and valuation adjustment.

Symbols and conventions for summary table

Symbol or convention Definition
0 Zero or value rounded to zero
- Not applicable
.. Not available
bold Revised/new
italics Provisional
Light grey 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.