Your browser is not supported

Our website does not support the browser you are using. For a better browsing experience update to a compatible browser like the latest browsers from Chrome, Firefox and Safari.

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.

Special note

Revision of Reserve Bank balance sheet June 2021 and June 2022 to September 2022

Read more
Previous years: Monthly:
Oct 2020 Oct 2021 Jun 2022 Jul 2022 Aug 2022 Sep 2022 Oct 2022
ASSETS
Monetary gold and holdings of SDR 0 0 0 0 0 0 0
Currency and deposits 2,948 7,043 9,125 8,916 7,360 8,922 8,165
Securities other than shares 60,904 65,471 60,938 61,837 61,746 61,723 60,440
Loans and reverse repurchase agreements 2,031 9,679 14,325 14,694 16,020 17,105 18,830
Shares and other equity assets 279 255 282 274 279 297 281
Financial derivatives 240 6,266 9,053 9,223 9,351 9,872 9,452
Other accounts receivable 12 12 19 169 1,407 1,051 552
Nonfinancial assets 176 160 170 171 171 170 169
TOTAL ASSETS 66,590 88,887 93,912 95,283 96,334 99,140 97,888
LIABILITIES
Currency in circulation 8,114 8,672 8,978 8,895 8,878 8,923 9,023
Deposits included in broad money 0 0 0 0 0 0 0
Deposits excluded from broad money 50,552 74,473 78,273 77,507 76,879 79,006 79,761
Securities included in broad money 0 0 0 0 0 0 0
Securities excluded from broad money 0 400 200 400 1,598 275 1,672
Loans and repurchase agreements 1,780 1,623 2,180 3,011 4,548 5,143 2,329
Financial derivatives 1,412 321 1,327 2,553 1,508 2,744 2,170
Other accounts payable 1,522 834 184 118 140 123 108
Shares and other equity capital 3,210 2,564 2,770 2,799 2,782 2,925 2,825
TOTAL LIABILITIES 66,590 88,887 93,912 95,283 96,334 99,140 97,888

Revision of Reserve Bank balance sheet June 2021 and June 2022 to September 2022

14 November 2022

R1, R2 and R3 have been re-classified to match the Bank’s Annual Report published in October 2022.


View all Our statistical balance sheet Special notes

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.