New Zealand 5 Years vs 2 Years Spread

GOVERNMENT BONDS • SPREAD
NEW ZEALAND 5 Years / NEW ZEALAND 2 Years
24.5 bp
11.2 bp
1 month
Last Update: 7 Dec 2024, 0:15 GMT+0

As of the latest update on 7 Dec 2024 0:15 GMT+0, the New Zealand 5 Years / New Zealand 2 Years Government Bond spread value is 24.5 basis points (bp), where 1 basis point equals 0.01%.

This means that the yield of New Zealand 5 Years Government Bond is 0.245% greater than New Zealand 2 Years Government Bond.

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Spread recent variations

Spread changed -0.1 bp during last week, -11.2 bp during last month, +44.9 bp during last year.

If data are not all visible, swipe table left
Period Change Min Range Max
1 Week -0.1 bp
24.5 bp
Dec 7, 2024
29.7 bp
Dec 3, 2024
1 Month -11.2 bp
24.5 bp
Dec 7, 2024
39.7 bp
Nov 12, 2024
6 Months +60.5 bp
-81.1 bp
Jul 18, 2024
39.7 bp
Nov 12, 2024
1 Year +44.9 bp
-81.1 bp
Jul 18, 2024
39.7 bp
Nov 12, 2024
Current Spread: 24.5bp
Last update 7 Dec 2024 0:15 GMT+0

Spread Chart - Historical Data

Data Source: from 11 Sep 2016 to 7 Dec 2024
The New Zealand 5 Years / New Zealand 2 Years Government Bond spread reached a maximum value of 132.3 bp (28 October 2021) and a minimum value of -81.1 bp (18 July 2024).

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Spread Yearly Range

Data Source: from 11 Sep 2016 to 7 Dec 2024

New Zealand 5 Years / New Zealand 2 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
Dec 7
24.5bp +51.0bp
-81.1bp
Jul 18
39.7bp
Nov 12
2023
Dec 31
-26.5bp +14.9bp
-72.9bp
Jul 4
-2.0bp
Nov 2
2022
Dec 31
-41.4bp -67.5bp
-50.7bp
Dec 19
39.8bp
Feb 17
2021
Dec 31
26.1bp +13.4bp
12.0bp
Jan 5
132.3bp
Oct 28
2020
Dec 31
12.7bp +3.2bp
7.7bp
Dec 14
12.9bp
Dec 28
2019
Nov 27
6.3bp -10.5bp
-1.0bp
Mar 13
21.0bp
Apr 17
2018
Dec 31
16.8bp -20.2bp
14.0bp
Dec 20
56.0bp
Feb 21
2017
Dec 31
37.0bp -5.0bp
24.0bp
Apr 19
68.5bp
Jul 18
2016
Dec 31
42.0bp +37.0bp
4.0bp
Sep 30
42.8bp
Dec 21
Current Spread: 24.5bp.
Last update: 7 Dec 2024 0:15 GMT+0
The first official book of
Build wealth
with Lazy Portfolios and Passive Investing

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