New Zealand 2 Years vs 3 Months Spread

GOVERNMENT BONDS • SPREAD
NEW ZEALAND 2 Years / NEW ZEALAND 3 Months
-115.0 bp
40.1 bp
1 month
Last Update: 26 Jul 2024, 8:15 GMT+0

As of the latest update on 26 Jul 2024 8:15 GMT+0, the New Zealand 2 Years / New Zealand 3 Months Government Bond spread value is -115.0 basis points (bp), where 1 basis point equals 0.01%.

This means that the yield of New Zealand 2 Years Government Bond is -1.150% lower than New Zealand 3 Months Government Bond.

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Spread recent variations

Spread changed +0.3 bp during last week, -40.1 bp during last month, -89.8 bp during last year.

Current Spread is close to 1 year minimum value

If data are not all visible, swipe table left
Period Change Min Range Max
1 Week +0.3 bp
-117.3 bp
Jul 21, 2024
-111.7 bp
Jul 23, 2024
1 Month -40.1 bp
-117.3 bp
Jul 21, 2024
-65.9 bp
Jul 18, 2024
6 Months -10.6 bp
-117.3 bp
Jul 21, 2024
-60.0 bp
Apr 27, 2024
1 Year -89.8 bp
-124.1 bp
Dec 27, 2023
15.8 bp
Oct 2, 2023
Current Spread: -115.0bp
Last update 26 Jul 2024 8:15 GMT+0

Spread Chart - Historical Data

Data Source: from 11 Sep 2016 to 26 Jul 2024
The New Zealand 2 Years / New Zealand 3 Months Government Bond spread reached a maximum value of 154.3 bp (11 April 2022) and a minimum value of -124.1 bp (27 December 2023).

Spread Yearly Range

Data Source: from 11 Sep 2016 to 26 Jul 2024

New Zealand 2 Years / New Zealand 3 Months Government Bond spread: historic value range for every year.

In case of domestic spread, a long term bond should grant a higher return than a shorter one.
A green candlestick means that spread variation is positive in the year.
A red candlestick means that spread variation is negative in the year.
If data are not all visible, swipe table left
Year Spread Change Min Range Max
2024
Jul 26
-115.0 bp +7.0 bp
-122.0 bp
Jan 1, 2024
-60.0 bp
Apr 27, 2024
2023
Dec 31
-122.0 bp -153.2 bp
-124.1 bp
Dec 27, 2023
31.2 bp
Jan 2, 2023
2022
Dec 31
31.2 bp -65.0 bp
-2.0 bp
Dec 5, 2022
154.3 bp
Apr 11, 2022
2021
Dec 31
96.2 bp +99.9 bp
-17.5 bp
Mar 23, 2021
126.5 bp
Nov 22, 2021
2020
Dec 31
-3.7 bp +0.3 bp
-8.0 bp
Dec 13, 2020
-1.0 bp
Dec 17, 2020
2019
Nov 27
-23.2 bp +5.3 bp
-51.5 bp
Jul 4, 2019
-17.2 bp
Jan 23, 2019
2018
Dec 31
-28.5 bp -27.5 bp
-31.5 bp
Dec 20, 2018
15.5 bp
Jan 24, 2018
2017
Dec 31
-1.0 bp -26.0 bp
-6.5 bp
May 17, 2017
36.5 bp
Jan 29, 2017
2016
Dec 31
25.0 bp +63.5 bp
-38.5 bp
Sep 11, 2016
34.5 bp
Dec 26, 2016
Current Spread: -115.0bp.
Last update: 26 Jul 2024 8:15 GMT+0
The first official book of
Build wealth
with Lazy Portfolios and Passive Investing

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