Money Tree

The Money Market

This morning (9am on 1 May 2015) the money markets were at the following levels:

Official cash rate 3.50% (unchanged)
90 day bill rate 3.64 (up from 3.62)
1 year swap rate 3.53 (down from 3.59)
3 year swap rate 3.51 (up from 3.35)
10 year bond rate 3.30 (up from 3.16)
NZ/US dollar 0.7621 (down from 0.7672)

Competition between Banks is very strong - we are happy to negotiate rates on your behalf to get the best possible deal for you! Give us a call!

This morning (3.30 pm on 6 November 2014) the money markets were at the following levels:

Official cash rate 3.50% (unchanged)
90 day bill rate 3.68 (unchanged)
1 year swap rate 3.74 (down from 3.89)
3 year swap rate 4.00 (down from 4.18)
10 year bond rate 4.00 (down from 4.03)
NZ/US dollar 0.7695 (down from 0.7825)

This morning (9.00 am on 10 October 2014) the money markets were at the following levels:

Official cash rate 3.50% (unchanged)
90 day bill rate 3.68 (down from 3.73)
1 year swap rate 3.80 (down from 3.84)
3 year swap rate 4.14 (down from 4.19)
10 year bond rate 4.07 (down from 4.18)
NZ/US dollar 0.7865 (down from 0.7926)