New Zealand 1 Year vs 5 Years Spread

GOVERNMENT BONDS • SPREAD
NEW ZEALAND 1 Year / NEW ZEALAND 5 Years
107.3 bp
17.6 bp
1 month
Last Update: 21 Jul 2024, 2:15 GMT+0

As of the latest update on 21 Jul 2024 2:15 GMT+0, the New Zealand 1 Year / New Zealand 5 Years Government Bond spread value is 107.3 basis points (bp), where 1 basis point equals 0.01%.

This means that the yield of New Zealand 1 Year Government Bond is 1.073% greater than New Zealand 5 Years Government Bond.

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Spread recent variations

Spread changed +11.8 bp during last week, +17.6 bp during last month, +18.8 bp during last year.

Current Spread is close to 1 year maximum value

If data are not all visible, swipe table left
Period Change Min Range Max
1 Week +11.8 bp
95.5 bp
Jul 14, 2024
108.8 bp
Jul 18, 2024
1 Month +17.6 bp
80.0 bp
Jul 4, 2024
108.8 bp
Jul 18, 2024
6 Months +45.1 bp
53.8 bp
Apr 16, 2024
108.8 bp
Jul 18, 2024
1 Year +18.8 bp
20.5 bp
Oct 18, 2023
108.8 bp
Jul 18, 2024
Current Spread: 107.3bp
Last update 21 Jul 2024 2:15 GMT+0

Spread Chart - Historical Data

Data Source: from 16 Oct 2017 to 21 Jul 2024
The New Zealand 1 Year / New Zealand 5 Years Government Bond spread reached a maximum value of 125.2 bp (13 May 2023) and a minimum value of -87 bp (13 June 2022).

Spread Yearly Range

Data Source: from 16 Oct 2017 to 21 Jul 2024

New Zealand 1 Year / New Zealand 5 Years 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 21
107.3 bp +23.0 bp
53.8 bp
Apr 16, 2024
108.8 bp
Jul 18, 2024
2023
Dec 31
84.3 bp +10.4 bp
20.5 bp
Oct 18, 2023
125.2 bp
May 13, 2023
2022
Dec 30
60.0 bp +127.2 bp
-87.0 bp
Jun 13, 2022
75.5 bp
Dec 8, 2022
2021
not available
2020
Dec 8
-8.3 bp +14.9 bp
-69.5 bp
Mar 19, 2020
25.3 bp
Sep 27, 2020
2019
Dec 31
-23.2 bp -9.4 bp
-25.4 bp
Nov 3, 2019
15.0 bp
Mar 27, 2019
2018
Dec 31
-13.8 bp +31.7 bp
-70.5 bp
Jan 24, 2018
-12.5 bp
Dec 29, 2018
2017
Dec 31
-45.5 bp +16.0 bp
-63.5 bp
Oct 25, 2017
-45.0 bp
Dec 28, 2017
Current Spread: 107.3bp.
Last update: 21 Jul 2024 2:15 GMT+0
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Build wealth
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