New Zealand 1 Year vs 5 Years Spread

GOVERNMENT BONDS • SPREAD
NEW ZEALAND 1 Year / NEW ZEALAND 5 Years
90.8 bp
4.9 bp
1 month
Last Update: 18 Jun 2024, 2:15 GMT+0

As of the latest update on 18 Jun 2024 2:15 GMT+0, the New Zealand 1 Year / New Zealand 5 Years Government Bond spread value is 90.8 basis points (bp), where 1 basis point equals 0.01%.

This means that the yield of New Zealand 1 Year Government Bond is 0.908% greater than New Zealand 5 Years Government Bond.

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Spread recent variations

Spread changed +11.9 bp during last week, +4.9 bp during last month, +0.6 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 +11.9 bp
78.6 bp
Jun 12, 2024
90.8 bp
Jun 18, 2024
1 Month +4.9 bp
59.1 bp
May 29, 2024
90.8 bp
Jun 18, 2024
6 Months +31.8 bp
53.8 bp
Apr 16, 2024
92.1 bp
Mar 20, 2024
1 Year +0.6 bp
20.5 bp
Oct 18, 2023
100.5 bp
Jun 20, 2023
Current Spread: 90.8bp
Last update 18 Jun 2024 2:15 GMT+0

Spread Chart - Historical Data

Data Source: from 16 Oct 2017 to 18 Jun 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 18 Jun 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
Jun 18
90.8 bp +6.5 bp
53.8 bp
Apr 16, 2024
92.1 bp
Mar 20, 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: 90.8bp.
Last update: 18 Jun 2024 2:15 GMT+0

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