[Skip to Navigation]

B3 Retail interest rates on lending and deposits (%pa)


                     
Business interest rates   Retail interest rates
  Business lending rate 1 SME overdraft rate 2   Floating first mortgage new customer housing rate 2 Six month term deposit rate 2
Previous Years:                  
Apr 2011 6.15   10.02     5.86   4.34  
Apr 2012 6.01   10.07     5.86   4.29  
Monthly:                  
May 2012 5.99   10.11     5.87   4.13  
Jun 2012 6.02   10.10     5.87   4.11  
Jul 2012 5.97   10.08     5.87   4.11  
Aug 2012 5.96   10.08     5.87   4.10  
Sep 2012 5.92   10.06     5.87   3.96  
Oct 2012 5.95   9.57     5.86   3.95  
Nov 2012 5.94   9.59     5.87   3.95  
Dec 2012 5.99   9.60     5.87   3.95  
Jan 2013 5.94   9.63     5.87   3.95  
Feb 2013 5.86   9.62     5.87   3.93  
Mar 2013 5.78   9.64     5.86   3.93  
Apr 2013 ..   9.61     5.86   3.89  
                     
                     
1 This rate is not surveyed directly, but calculated using other data. See series description for further details.
2 Interest rates shown are weighted average rates.
                     
Last updated 06 May 2013
Source: Reserve Bank of New Zealand