The yield on New Zealand 10Y Bond Yield rose to 4.38% on December 2, 2025, marking a 0.05 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.27 points and is 0.06 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. New Zealand 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on December of 2025.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for New Zealand (IRLTLT01NZM156N) from Jan 1970 to Oct 2025 about New Zealand, long-term, 10-year, bonds, yield, government, interest rate, interest, and rate.

New Zealand Government Bond Yield: 5 Years data was reported at 1.940 % pa in Oct 2018. This records a decrease from the previous number of 2.010 % pa for Sep 2018. New Zealand Government Bond Yield: 5 Years data is updated monthly, averaging 6.265 % pa from Mar 1985 (Median) to Oct 2018, with 404 observations. The data reached an all-time high of 19.950 % pa in May 1985 and a record low of 1.830 % pa in Aug 2016. New Zealand Government Bond Yield: 5 Years data remains active status in CEIC and is reported by Reserve Bank of New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.M008: Government Bond Yield.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for New Zealand (IRLTLT01NZQ156N) from Q1 1970 to Q3 2025 about New Zealand, long-term, 10-year, bonds, yield, government, interest rate, interest, and rate.

The yield on New Zealand 2Y Bond Yield rose to 3.24% on December 2, 2025, marking a 0.02 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.34 points, though it remains 0.53 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for New Zealand 2Y Bond Yield.

New Zealand Government Bond Yield: 2 Years data was reported at 1.810 % pa in Nov 2018. This records an increase from the previous number of 1.780 % pa for Oct 2018. New Zealand Government Bond Yield: 2 Years data is updated monthly, averaging 6.335 % pa from Mar 1985 (Median) to Nov 2018, with 392 observations. The data reached an all-time high of 22.000 % pa in Oct 1985 and a record low of 1.640 % pa in Aug 2018. New Zealand Government Bond Yield: 2 Years data remains active status in CEIC and is reported by Reserve Bank of New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.M008: Government Bond Yield.

The yield on New Zealand 1 Year Bond Yield rose to 2.79% on November 28, 2025, marking a 0.03 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.34 points, though it remains 1.06 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for New Zealand 1 Year Bond Yield.

Key information about New Zealand Short Term Government Bond Yield

• New Zealand Short Term Government Bond Yield: Daily: New Zealand: 2 Years was reported at 3.16 % pa in Nov 2025, compared with 3.08 % pa in the previous day.
• New Zealand Short Term Government Bond Yield data is updated daily, available from Mar 1985 to Nov 2025.
• The data reached an all-time high of 5.81 % pa in Oct 2023 and a record low of 0.16 % pa in Nov 2020.
• Short Term Government Bond Yield is reported by CEIC Data.

The Reserve Bank of New Zealand provides daily Short Term Government Bond Yield.

The yield on New Zealand 6 Month Bill Bond Yield eased to 2.49% on November 10, 2025, marking a 0.01 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.06 points and is 1.74 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for New Zealand 6 Month Bill Yield.

Historical dataset of the NZ 10-Year Government Bond Yield, covering values from 1985-03-01 to 2025-12-01, with the latest releases and long-term trends. Available for free download in CSV format.

New Zealand Expectation of Government Bond Yields: 10 Years: End Current Quarter data was reported at 2.850 % in Dec 2018. This records an increase from the previous number of 2.830 % for Sep 2018. New Zealand Expectation of Government Bond Yields: 10 Years: End Current Quarter data is updated quarterly, averaging 5.910 % from Jun 1995 (Median) to Dec 2018, with 95 observations. The data reached an all-time high of 8.500 % in Jun 1996 and a record low of 2.330 % in Sep 2016. New Zealand Expectation of Government Bond Yields: 10 Years: End Current Quarter data remains active status in CEIC and is reported by Reserve Bank of New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.M009: Government Bond Yield: Forecast: Reserve Bank of New Zealand.

The yield on New Zealand 3 Month Bill Bond Yield eased to 2.49% on November 20, 2025, marking a 0.02 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.07 points and is 1.92 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for New Zealand 3 Month Bill Yield.

Key information about New Zealand Long Term Interest Rate

• New Zealand Government Bond Yield: 10 Years was reported at 4.36 % pa in Nov 2025, compared with 4.06 % pa in the previous month.
• New Zealand Long Term Interest Rate data is updated monthly, available from Jan 1985 to Nov 2025.
• The data reached an all-time high of 18.90 % pa in Mar 1986 and a record low of 0.51 % pa in Sep 2020.
• Long Term Interest Rate is reported by reported by Reserve Bank of New Zealand.

CEIC calculates monthly Long Term Interest Rate from daily 10 year Government Bond Yield. The Reserve Bank of New Zealand provides 10 year Treasury Bond Yield. Long Term Interest Rate prior to March 1985 is sourced directly from Reserve Bank of New Zealand.. The ten-year benchmark for New Zealand Government bonds with a fixed interest coupon paid semi-annually in arrears. The bonds are redeemable at par on maturity.


Related information about New Zealand Long Term Interest Rate

• In the latest reports, New Zealand Short Term Interest Rate: Month End: New Zealand: Bank Accepted Bills: 90 Days was reported at 2.45 % pa in Nov 2025.
• The cash rate (Policy Rate: Month End: New Zealand: Official Cash Rate) was set at 2.25 % pa in Nov 2025.
• New Zealand Exchange Rate against USD averaged 1.73 (USD/NZD) in Oct 2025.

NZT Forecast: Bond Rate: 10 Years data was reported at 4.400 % pa in 2023. This records an increase from the previous number of 4.300 % pa for 2022. NZT Forecast: Bond Rate: 10 Years data is updated yearly, averaging 5.100 % pa from Jun 1998 (Median) to 2023, with 26 observations. The data reached an all-time high of 7.400 % pa in 1999 and a record low of 2.800 % pa in 2018. NZT Forecast: Bond Rate: 10 Years data remains active status in CEIC and is reported by New Zealand Treasury. The data is categorized under Global Database’s New Zealand – Table NZ.M010: Bond Rate: Forecast: New Zealand Treasury.

View monthly updates and historical trends for New Zealand Gross Purchases of Long-Term US Treasury Bonds & Notes. from United States. Source: Department …

View monthly updates and historical trends for New Zealand Gross Sales of Long-Term US Government Agency Bonds. from United States. Source: Department of …

Key information about New Zealand Short Term Interest Rate

• New Zealand Short Term Interest Rate: Month End: New Zealand: Bank Accepted Bills: 90 Days was reported at 2.45 % pa in Nov 2025, compared with 2.52 % pa in the previous month.
• New Zealand Short Term Interest Rate data is updated monthly, available from Jan 1985 to Nov 2025.
• The data reached an all-time high of 27.40 % pa in Sep 1985 and a record low of 0.25 % pa in Nov 2020.
• Short Term Interest Rate is reported by reported by CEIC Data.

Bank Accepted Bills yields are 11.10 am market mid-rates.


Related information about New Zealand Short Term Interest Rate

• In the latest reports, New Zealand Government Bond Yield: 10 Years was reported at 4.36 % pa in Nov 2025.
• The cash rate (Policy Rate: Month End: New Zealand: Official Cash Rate) was set at 2.25 % pa in Nov 2025.
• New Zealand Exchange Rate against USD averaged 1.73 (USD/NZD) in Oct 2025.

ANZ Forecast: Bond Rate: 10 Years data was reported at 2.600 % pa in Dec 2020. This stayed constant from the previous number of 2.600 % pa for Sep 2020. ANZ Forecast: Bond Rate: 10 Years data is updated quarterly, averaging 2.740 % pa from Jun 2015 (Median) to Dec 2020, with 23 observations. The data reached an all-time high of 3.600 % pa in Mar 2017 and a record low of 2.080 % pa in Sep 2016. ANZ Forecast: Bond Rate: 10 Years data remains active status in CEIC and is reported by ANZ Bank New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.M011: Bond Rate: Forecast: ANZ Bank Ltd.

Prices for NZ 2Y including live quotes, historical charts and news. NZ 2Y was last updated by Trading Economics this December 1 of 2025.

Key information about New Zealand Policy Rate

• New Zealand cash rate (Policy Rate: Month End: New Zealand: Official Cash Rate) was set at 2.25 % pa in Nov 2025, compared with 2.50 % pa in the previous Oct 2025.
• New Zealand Policy Rate averaged 2.50 % pa and is updated monthly, available from Mar 1999 to Nov 2025.
• The data reached an all-time high of 8.25 % pa in Jun 2008 and a record low of 0.25 % pa in Sep 2021.

The Official Cash Rate ws introduced in March 1999 and is reviewed eight times a year by the Reserve Bank of New Zealand.


Related information about New Zealand Policy Rate

• In the latest reports, New Zealand Short Term Interest Rate: Month End: New Zealand: Bank Accepted Bills: 90 Days was reported at 2.45 % pa in Nov 2025.
• Its Long Term Interest Rate (Government Bond Yield: 10 Years) was reported at 4.36 % pa in Nov 2025.
• New Zealand Exchange Rate against USD averaged 1.73 (USD/NZD) in Oct 2025.
• Its Real Effective Exchange Rate was 92.98 in Oct 2025.