New Zealand Short Term Government Bond Yield

1985 - 2025 | Daily | % pa | CEIC Data

Key information about New Zealand Short Term Government Bond Yield

  • New Zealand Short Term Government Bond Yield: Daily: New Zealand: 2 Years was reported at 3.13 % pa in Dec 2025, compared with 3.14 % pa in the previous day.
  • New Zealand Short Term Government Bond Yield data is updated daily, available from Mar 1985 to Dec 2025.
  • The data reached an all-time high of 5.81 % pa in Oct 2023 and a record low of 0.16 % pa in Nov 2020.
  • Short Term Government Bond Yield is reported by CEIC Data.

The Reserve Bank of New Zealand provides daily Short Term Government Bond Yield.

View New Zealand's Short Term Government Bond Yield from 19 Mar 1985 to 04 Dec 2025 in the chart:

New Zealand Short Term Government Bond Yield

What was New Zealand's Short Term Government Bond Yield in 04 Dec 2025?

New Zealand Short Term Government Bond Yield: Daily: New Zealand: 2 Years was reported at 3.13 % pa in Dec 2025, compared with 3.14 % pa in the previous day. See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.13 04 Dec 2025 3.14 03 Dec 2025 0.16 20 Nov 2020 5.81 03 Oct 2023 % pa daily 19 Mar 1985 - 04 Dec 2025

Short Term Government Bond Yield by Country Comparison

country/region Last Frequency Range
Armenia (% pa) 8.13 Oct 2025 monthly Feb 2000 - Oct 2025
Australia (% pa) 3.80 26 Nov 2025 daily 20 May 2013 - 26 Nov 2025
Belgium (% pa) 2.01 04 Dec 2025 daily 01 Jun 1987 - 04 Dec 2025
Canada (% pa) 2.43 03 Dec 2025 daily 04 Jan 1993 - 03 Dec 2025
Chile (% pa) 4.40 18 Nov 2025 daily 02 Jan 2008 - 18 Nov 2025
Colombia (% pa) 10.31 21 Nov 2025 daily 02 Jan 2003 - 21 Nov 2025
Croatia (% pa) 0.20 Nov 2022 monthly Feb 2010 - Nov 2022
Czech Republic (% pa) 3.59 Nov 2025 monthly Jan 2004 - Nov 2025
European Union (% pa) 2.12 Nov 2025 monthly Jan 1970 - Nov 2025
France (% pa) 3.47 Jun 2024 monthly Jan 1993 - Jun 2024
Georgia (% pa) 8.03 Nov 2025 monthly Sep 2009 - Nov 2025
Germany (% pa) 2.07 04 Dec 2025 daily 02 Jan 2014 - 04 Dec 2025
Greece (% pa) 2.28 02 Dec 2025 daily 02 Jan 2008 - 02 Dec 2025
Hong Kong SAR, China (% pa) 2.36 Oct 2025 monthly Nov 2011 - Oct 2025
Hungary (% pa) 6.21 Oct 2025 monthly Feb 1997 - Oct 2025
India (% pa) 5.65 Oct 2025 monthly May 1996 - Oct 2025
Indonesia (% pa) 4.89 Nov 2025 monthly Oct 2008 - Nov 2025
Israel (% pa) 3.98 Oct 2025 monthly Feb 1994 - Oct 2025
Italy (% pa) 2.40 Oct 2025 monthly Oct 1992 - Oct 2025
Japan (% pa) 0.80 04 Dec 2025 daily 24 Sep 1974 - 04 Dec 2025
Kazakhstan (% pa) 17.39 Oct 2025 monthly Mar 1998 - Oct 2025
South Korea (% pa) 2.51 05 Dec 2025 daily 12 Nov 1998 - 05 Dec 2025
Lebanon (% pa) 4.50 Nov 2023 monthly Dec 1988 - Nov 2023
Malaysia (% pa) 2.86 05 Dec 2025 daily 25 Jul 2005 - 05 Dec 2025
Mexico (% pa) 4.19 Nov 2025 monthly May 1996 - Nov 2025
Moldova (% pa) 6.92 Oct 2025 monthly Dec 1997 - Oct 2025
New Zealand (% pa) 3.13 04 Dec 2025 daily 19 Mar 1985 - 04 Dec 2025
Norway (% pa) 3.96 04 Dec 2025 daily 02 Jan 2015 - 04 Dec 2025
Pakistan (% pa) 10.50 01 Dec 2025 daily 26 Mar 2015 - 01 Dec 2025
Poland (% pa) 5.45 Aug 2023 monthly Oct 1999 - Aug 2023
Portugal (% pa) 2.02 02 Dec 2025 daily 16 Jul 1993 - 02 Dec 2025
Russia (% pa) 13.87 04 Dec 2025 daily 04 Jan 2003 - 04 Dec 2025
Singapore (% pa) 1.35 Nov 2025 monthly Jan 1988 - Nov 2025
Slovakia (% pa) -1.42 Dec 2017 monthly Jan 2003 - Dec 2017
South Africa (% pa) 8.57 28 Feb 2023 daily 15 Aug 2006 - 28 Feb 2023
Spain (% pa) 1.91 27 Nov 2025 daily 03 Jan 2000 - 27 Nov 2025
Sri Lanka (% pa) 13.83 Jan 2024 monthly Jan 2003 - Jan 2024
Sweden (% pa) 2.11 04 Dec 2025 daily 07 Jan 1987 - 04 Dec 2025
Switzerland (% pa) -0.12 Oct 2025 monthly Jan 1988 - Oct 2025
Taiwan (% pa) 1.14 05 Dec 2025 daily 15 Jul 2002 - 05 Dec 2025
Thailand (% pa) 1.25 01 Dec 2025 daily 15 Sep 1999 - 01 Dec 2025
Turkey (% pa) 41.13 Nov 2025 monthly Jan 2006 - Nov 2025
Ukraine (% pa) 0.00 Oct 2025 monthly Jan 2006 - Oct 2025
United Kingdom (% pa) 3.90 Nov 2025 monthly Jan 1982 - Nov 2025
United States (% pa) 3.60 04 Dec 2025 daily 02 Jan 1962 - 04 Dec 2025
Uruguay (% pa) 3.99 04 Dec 2025 daily 01 Oct 2003 - 04 Dec 2025
Zambia (% pa) 11.50 Oct 2025 monthly Jan 2006 - Oct 2025

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New Zealand Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.2 Jun 2025 quarterly Dec 1999 - Jun 2025
Consolidated Fiscal Balance (USD mn) 5,756.479 Sep 2025 quarterly Mar 1999 - Sep 2025
Tax Revenue (USD mn) 79,994.882 2025 yearly 1999 - 2025
Tax Revenue: % of GDP (%) 31.2 2024 yearly 1999 - 2024
National Government Debt (USD mn) 123,654.9 Sep 2025 quarterly Dec 2006 - Sep 2025
Government Debt: % of GDP (%) 46.7 Jun 2025 quarterly Dec 2006 - Jun 2025
Forecast: Government Expenditure (NZD bn) 204.048 2030 yearly 1985 - 2030
Forecast: Government Net Debt (NZD bn) 292.813 2030 yearly 1985 - 2030
Forecast: Government Revenue (NZD bn) 204.003 2030 yearly 1985 - 2030
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.135 2030 yearly 1980 - 2030
Trade Balance (USD mn) -888.7 Oct 2025 monthly Jan 1960 - Oct 2025
Total Exports (USD mn) 3,745.6 Oct 2025 monthly Jan 1957 - Oct 2025
Total Exports Growth (%) 15.6 Oct 2025 monthly Jan 1952 - Oct 2025
Aluminum: Exports (USD th) 748,011.388 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 141,065.733 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 300,779.899 2024 yearly 1995 - 2024
Total Imports (USD mn) 4,634.2 Oct 2025 monthly Jan 1960 - Oct 2025
Total Imports Growth (%) 10.5 Oct 2025 monthly Jan 1961 - Oct 2025
Imports: Medicament (USD th) 1,026,250.125 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 436,775.230 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 424.864 Oct 2025 monthly Jul 1981 - Oct 2025
Total Imports from USA (USD mn) 491.326 Oct 2025 monthly Jan 1981 - Oct 2025
Total Exports to China (USD mn) 1,014.334 Oct 2025 monthly Jul 1981 - Oct 2025
Total Imports from China (USD mn) 968.120 Oct 2025 monthly Jul 1982 - Oct 2025
Import Volume Index (Jun2002=1000) 2,795.000 Sep 2025 quarterly Mar 1949 - Sep 2025
Term Trade Index (Jun2002=1000) 1,476.000 Dec 2024 quarterly Mar 1957 - Dec 2024
Exports: fob: SITC: Mineral Fuels (NZD mn) 38.565 Jan 2025 monthly Jan 2002 - Jan 2025
Exports: fob: SITC: Manufacturing: Goods (NZD mn) 236.566 Jan 2025 monthly Jan 2002 - Jan 2025
Exports: fob: SITC: Crude Materials (NZD mn) 568.228 Jan 2025 monthly Jan 2002 - Jan 2025
Exports: fob: SITC: Food & Live Animals (NZD mn) 4,121.955 Jan 2025 monthly Jan 2002 - Jan 2025
Exports: fob: SITC: Manufacturing: Machinery & Transport Equipment (NZD mn) 339.821 Jan 2025 monthly Jan 2002 - Jan 2025
Exports: fob: Australia (NZD mn) 670.162 Jan 2025 monthly Jan 1988 - Jan 2025
Exports: fob: United States (NZD mn) 744.218 Jan 2025 monthly Jul 1981 - Jan 2025
Exports: fob: Japan (NZD mn) 262.997 Jan 2025 monthly Jul 1981 - Jan 2025
Exports: fob: United Kingdom (NZD mn) 132.621 Jan 2025 monthly Jul 1981 - Jan 2025
Exports: fob: China (NZD mn) 1,782.288 Jan 2025 monthly Jul 1981 - Jan 2025
Exports: fob: Australia: sa (NZD mn) 805.745 Jan 2025 monthly Jul 1981 - Jan 2025
Exports: fob: China: sa (NZD mn) 1,862.996 Jan 2025 monthly Jul 1981 - Jan 2025
Export Volume Index: Exclude Re Export (Jun2002=1000) 1,471.000 Dec 2024 quarterly Mar 1951 - Dec 2024
Export Volume Index: Exclude Re Export: sa (Jun2002=1000) 1,435.000 Dec 2024 quarterly Jun 1990 - Dec 2024
Import Volume Index: sa (Jun2002=1000) 2,606.000 Dec 2024 quarterly Jun 1990 - Dec 2024
Export Value Index (2015=100) 130.280 2021 yearly 1995 - 2021
Import Value Index (2015=100) 136.389 2021 yearly 1995 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -1,895.7 Jun 2025 quarterly Jun 2000 - Jun 2025
Current Account Balance (USD mn) -2,045.3 Jun 2025 quarterly Jun 1971 - Jun 2025
Current Account Balance: % of GDP (%) -3.1 Jun 2025 quarterly Jun 1987 - Jun 2025
Foreign Direct Investment (USD mn) 1,080.8 Jun 2025 quarterly Jun 2000 - Jun 2025
Foreign Direct Investment: % of GDP (%) 1.7 Jun 2025 quarterly Jun 2000 - Jun 2025
Foreign Portfolio Investment (USD mn) 8,010.768 Jun 2025 quarterly Jun 1995 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) 12.3 Jun 2025 quarterly Jun 1995 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 800.1 Jun 2025 quarterly Jun 2000 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 7,210.701 Jun 2025 quarterly Jun 1995 - Jun 2025
External Debt (USD mn) 256,105.2 Jun 2025 quarterly Mar 1993 - Jun 2025
External Debt: % of GDP (%) 94.7 2024 yearly 1993 - 2024
External Debt: Short Term (USD mn) 83,622.4 Jun 2025 quarterly Jun 2000 - Jun 2025
External Debt: Short Term: % of GDP (%) 33.5 2024 yearly 2000 - 2024
Total Debt: % of GDP (%) 586.2 2023 yearly 2006 - 2023
Forecast: Current Account Balance (USD bn) -10.863 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -124,206.132 Jun 2025 quarterly Jun 2000 - Jun 2025
Balance of Payment: Financial Account (NZD mn) 2,075.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Financial Account: Assets (NZD mn) 3,984.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Financial Account: Liabilities (NZD mn) 6,059.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Financial Account: Assets: Financial Derivatives (NZD mn) -3,057.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Current Account: Services: Credit (NZD mn) 6,473.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Net Errors and Omissions (NZD mn) 8,606.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Current Account: Goods (NZD mn) -4,656.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Financial Account: Assets: Direct Investment (NZD mn) 1,187.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Financial Account: Liabilities: Direct Investment (NZD mn) -2,438.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Current Account: Goods: Credit (NZD mn) 15,962.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Financial Account: Liabilities: Portfolio Investment (NZD mn) 12,067.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Financial Account: Liabilities: Other Investment (NZD mn) -1,537.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Capital Account: Debit (NZD mn) 137.000 Sep 2024 quarterly Mar 1997 - Sep 2024
Balance of Payment: Current Account: Services: Debit (NZD mn) 8,504.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Financial Account: Assets: Other Investment (NZD mn) -2,942.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Financial Account: Assets: Portfolio Investment (NZD mn) 5,621.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Current Account: Primary Income (NZD mn) -3,544.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Current Account: Goods: Debit (NZD mn) 20,618.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Current Account: Primary Income: Debit (NZD mn) 7,003.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Current Account: Services (NZD mn) -2,031.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Financial Account: Liabilities: Financial Derivatives (NZD mn) -2,032.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Current Account (NZD mn) -10,581.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Capital Account: Credit (NZD mn) 36.000 Sep 2024 quarterly Jun 1996 - Sep 2024
Balance of Payment: Capital Account (NZD mn) -100.000 Sep 2024 quarterly Jun 1996 - Sep 2024
Balance of Payment: Financial Account: Assets: Reserve Assets (NZD mn) 3,176.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Current Account: Primary Income: Credit (NZD mn) 3,459.000 Sep 2024 quarterly Jun 1971 - Sep 2024
BOP: Current Account: Goods & Services (NZD mn) -6,688.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Current Account: sa (NZD mn) -6,202.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Current Account: sa: GS: Goods (NZD mn) -1,913.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Current Account: sa: GS: Services (NZD mn) -397.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Current Account: sa: GS: Services: Credit (NZD mn) 7,651.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Current Account: sa: GS: Goods: Credit (NZD mn) 17,629.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Current Account: sa: GS: Goods: Debit (NZD mn) 19,542.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Current Account: sa: GS: Services: Debit (NZD mn) 8,048.000 Sep 2024 quarterly Jun 1971 - Sep 2024
International Investment Position: Liabilities (NZD mn) 613,193.000 Sep 2024 quarterly Jun 2000 - Sep 2024
IIP: Net (NZD mn) -208,617.000 Sep 2024 quarterly Jun 2000 - Sep 2024
IIP: Assets (NZD mn) 404,576.000 Sep 2024 quarterly Jun 2000 - Sep 2024
External Debt: Net (NZD mn) -149,667.000 Dec 2018 quarterly Jun 2000 - Dec 2018
Direct Investment Abroad: Stock (NZD mn) 29,490.000 2024 yearly 2001 - 2024
Direct Investment Abroad: Stock: Australia (NZD mn) 14,253.000 2024 yearly 2001 - 2024
Direct Investment Abroad: Stock: United Kingdom (NZD mn) 1,090.000 2024 yearly 2001 - 2024
Direct Investment Abroad: Stock: United States of America (NZD mn) 8,983.000 2024 yearly 2001 - 2024
Foreign Direct Investment: Stock (NZD mn) 158,258.000 2024 yearly 2001 - 2024
Foreign Direct Investment: Stock: Australia (NZD mn) 84,615.000 2024 yearly 2001 - 2024
Foreign Direct Investment: Stock: United Kingdom (NZD mn) 6,388.000 2024 yearly 2001 - 2024
Foreign Direct Investment: Stock: United States of America (NZD mn) 9,278.000 2024 yearly 2001 - 2024
Foreign Direct Investment: Stock: Netherlands (NZD mn) 3,880.000 2018 yearly 2001 - 2018
Foreign Direct Investment: Stock: Japan (NZD mn) 5,553.000 2018 yearly 2001 - 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.5 Dec 2017 quarterly Mar 1996 - Dec 2017
Household Debt: % of GDP (%) 90.2 Jun 2025 quarterly Dec 1990 - Jun 2025
Money Supply M1 (USD mn) 74,882.144 Oct 2025 monthly Dec 2016 - Oct 2025
Money Supply M2 (USD mn) 253,363.187 Oct 2025 monthly Mar 1988 - Oct 2025
M2 Growth (%) 5.6 Oct 2025 monthly Mar 1989 - Oct 2025
Foreign Exchange Reserves (USD mn) 24,143.2 Oct 2025 monthly Sep 2005 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 9.190 Jun 2025 quarterly Sep 2005 - Jun 2025
Foreign Exchange Reserves: Months of Import (NA) 5.2 Oct 2025 monthly Sep 2005 - Oct 2025
Gold Reserves (USD mn) 0.000 Oct 2025 monthly Dec 1950 - Oct 2025
Total Deposits (USD mn) 278,925.532 Oct 2025 monthly Dec 2016 - Oct 2025
Total Deposits Growth (%) 5.7 Oct 2025 monthly Dec 2017 - Oct 2025
Domestic Credit (USD mn) 362,880.3 Oct 2025 monthly Mar 1988 - Oct 2025
Domestic Credit Growth (%) 5.2 Oct 2025 monthly Mar 1989 - Oct 2025
Credit to Households (USD bn) 220.590 Mar 2025 quarterly Dec 1990 - Mar 2025
Credit to Private Non-Financial Sector (USD bn) 391.007 Mar 2025 quarterly Mar 1960 - Mar 2025
Household Debt (USD mn) 229,520.4 Oct 2025 monthly Dec 1990 - Oct 2025
Total Loans (USD mn) 342,410.674 Oct 2025 monthly Dec 2016 - Oct 2025
Total Loans Growth (%) 5.06 Oct 2025 monthly Dec 2017 - Oct 2025
Private Debt: % of Nominal GDP (%) 135.36 Jun 2025 quarterly Mar 1988 - Jun 2025
Depository Corp: Money Supply: Broad Money (NZD mn) 442,324.000 Oct 2025 monthly Mar 1988 - Oct 2025
Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) 130,730.000 Oct 2025 monthly Dec 2016 - Oct 2025
Depository Corp: Domestic Credit (NZD mn) 633,520.000 Oct 2025 monthly Mar 1988 - Oct 2025
Official Reserve Assets (NZD mn) 48,049.690 Oct 2025 monthly Sep 2005 - Oct 2025
Official Reserve Assets: Foreign Currency Reserves (NZD mn) 29,384.239 Oct 2025 monthly Sep 2005 - Oct 2025
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 10.2 Oct 2025 monthly Aug 2003 - Oct 2025
House Price Inflation: Net Percent Expecting (%) 72.100 Mar 2025 quarterly Mar 2022 - Mar 2025
House Price Inflation: Net Percent Expecting Higher (%) -34.300 Mar 2025 quarterly Mar 2022 - Mar 2025
Business Outlook Survey: Service: Business Confidence Index (Point) 63.200 Nov 2025 monthly Feb 1991 - Nov 2025
Business Outlook Survey: Construction: Business Confidence Index (Point) 63.300 Nov 2025 monthly Feb 1991 - Nov 2025
Business Outlook Survey: Manufacturing: Business Confidence Index (Point) 84.100 Nov 2025 monthly Feb 1991 - Nov 2025
Business Outlook Survey: Retail: Business Confidence Index (Point) 74.500 Nov 2025 monthly Feb 1991 - Nov 2025
Business Outlook Survey: All Industries: Business Confidence Index (Point) 67.100 Nov 2025 monthly Feb 1991 - Nov 2025

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