New Zealand 1 Year vs 3 Months Spread

GOVERNMENT BONDS • SPREAD
NEW ZEALAND 1 Year / NEW ZEALAND 3 Months
-20.0 bp
18.0 bp
1 month
Last Update: 10 Oct 2024, 2:15 GMT+0

As of the latest update on 10 Oct 2024 2:15 GMT+0, the New Zealand 1 Year / New Zealand 3 Months Government Bond spread value is -20.0 basis points (bp), where 1 basis point equals 0.01%.

This means that the yield of New Zealand 1 Year Government Bond is -0.200% lower than New Zealand 3 Months Government Bond.

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Spread recent variations

Spread changed +6.5 bp during last week, +18.0 bp during last month, -27.0 bp during last year.

Current Spread is close to 6 months maximum value

If data are not all visible, swipe table left
Period Change Min Range Max
1 Week +6.5 bp
-26.5 bp
Oct 3, 2024
-20.0 bp
Oct 10, 2024
1 Month +18.0 bp
-38.0 bp
Sep 10, 2024
-20.0 bp
Oct 10, 2024
6 Months +21.7 bp
-53.8 bp
Aug 6, 2024
-18.7 bp
Jul 10, 2024
1 Year -27.0 bp
-64.2 bp
Dec 18, 2023
7.0 bp
Oct 10, 2023
Current Spread: -20.0bp
Last update 10 Oct 2024 2:15 GMT+0

Spread Chart - Historical Data

Data Source: from 16 Oct 2017 to 10 Oct 2024
The New Zealand 1 Year / New Zealand 3 Months Government Bond spread reached a maximum value of 67 bp (15 June 2022) and a minimum value of -64.2 bp (18 December 2023).

Spread Yearly Range

Data Source: from 16 Oct 2017 to 10 Oct 2024

New Zealand 1 Year / 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
Oct 10
-20.0 bp +44.2 bp
-64.2 bp
Jan 1, 2024
-18.7 bp
Jul 10, 2024
2023
Dec 31
-64.2 bp -57.0 bp
-64.2 bp
Dec 18, 2023
9.0 bp
Feb 26, 2023
2022
Dec 30
47.0 bp +11.0 bp
1.0 bp
Aug 7, 2022
67.0 bp
Jun 15, 2022
2021
not available
2020
Dec 8
-6.3 bp +12.9 bp
-36.4 bp
Mar 8, 2020
-4.3 bp
Dec 6, 2020
2019
Dec 31
-19.2 bp +6.3 bp
-44.5 bp
Jun 26, 2019
-14.5 bp
Dec 21, 2019
2018
Dec 31
-25.5 bp -16.0 bp
-30.5 bp
Dec 20, 2018
-7.5 bp
Jan 24, 2018
2017
Dec 31
-9.5 bp -3.5 bp
-13.0 bp
Dec 1, 2017
-2.5 bp
Oct 18, 2017
Current Spread: -20.0bp.
Last update: 10 Oct 2024 2:15 GMT+0
The first official book of
Build wealth
with Lazy Portfolios and Passive Investing

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