New Zealand 5 Years vs 1 Year Spread

GOVERNMENT BONDS • SPREAD
NEW ZEALAND 5 Years / NEW ZEALAND 1 Year
-104.7 bp
22.1 bp
1 month
Last Update: 26 Jul 2024, 5:15 GMT+0

As of the latest update on 26 Jul 2024 5:15 GMT+0, the New Zealand 5 Years / New Zealand 1 Year Government Bond spread value is -104.7 basis points (bp), where 1 basis point equals 0.01%.

This means that the yield of New Zealand 5 Years Government Bond is -1.047% lower than New Zealand 1 Year Government Bond.

Table of contents
The first official book of
Build wealth
with Lazy Portfolios and Passive Investing
Set your goal
Use top metrics to evaluate
Choose Bond ETFs to control risk
Join the passive investing strategy
Exclusive new asset allocations in EUR and USD

Spread recent variations

Spread changed +2.6 bp during last week, -22.1 bp during last month, -12.7 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 +2.6 bp
-107.3 bp
Jul 19, 2024
-100.9 bp
Jul 25, 2024
1 Month -22.1 bp
-108.8 bp
Jul 18, 2024
-80.0 bp
Jul 4, 2024
6 Months -34.6 bp
-108.8 bp
Jul 18, 2024
-53.8 bp
Apr 16, 2024
1 Year -12.7 bp
-108.8 bp
Jul 18, 2024
-20.5 bp
Oct 18, 2023
Current Spread: -104.7bp
Last update 26 Jul 2024 5:15 GMT+0

Spread Chart - Historical Data

Data Source: from 16 Oct 2017 to 26 Jul 2024
The New Zealand 5 Years / New Zealand 1 Year Government Bond spread reached a maximum value of 87 bp (13 June 2022) and a minimum value of -125.2 bp (12 May 2023).

Spread Yearly Range

Data Source: from 16 Oct 2017 to 26 Jul 2024

New Zealand 5 Years / New Zealand 1 Year 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
-104.7 bp -20.4 bp
-108.8 bp
Jul 18, 2024
-53.8 bp
Apr 16, 2024
2023
Dec 31
-84.3 bp -10.4 bp
-125.2 bp
May 12, 2023
-20.5 bp
Oct 18, 2023
2022
Dec 30
-60.0 bp -127.2 bp
-75.5 bp
Dec 8, 2022
87.0 bp
Jun 13, 2022
2021
not available
2020
Dec 8
8.3 bp -14.9 bp
-25.3 bp
Sep 21, 2020
69.5 bp
Mar 19, 2020
2019
Dec 31
23.2 bp +9.4 bp
-15.0 bp
Mar 27, 2019
25.4 bp
Nov 3, 2019
2018
Dec 31
13.8 bp -31.7 bp
12.5 bp
Dec 28, 2018
70.5 bp
Jan 24, 2018
2017
Dec 31
45.5 bp -16.0 bp
45.0 bp
Dec 28, 2017
63.5 bp
Oct 29, 2017
Current Spread: -104.7bp.
Last update: 26 Jul 2024 5:15 GMT+0
The first official book of
Build wealth
with Lazy Portfolios and Passive Investing

Back to New Zealand Government Bonds - Yields Curve