New Zealand Short Term Government Bond Yield

1985 - 2026 | 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 3.17 % pa in Jan 2026, compared with 3.12 % pa in the previous day.
  • New Zealand Short Term Government Bond Yield data is updated daily, available from Mar 1985 to Jan 2026.
  • 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 19 Jan 2026 in the chart:

New Zealand Short Term Government Bond Yield

What was New Zealand's Short Term Government Bond Yield in 19 Jan 2026?

New Zealand Short Term Government Bond Yield: Daily: New Zealand: 2 Years was reported at 3.17 % pa in Jan 2026, compared with 3.12 % pa in the previous day. See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.17 19 Jan 2026 3.12 16 Jan 2026 0.16 20 Nov 2020 5.81 03 Oct 2023 % pa daily 19 Mar 1985 - 19 Jan 2026

Short Term Government Bond Yield by Country Comparison

country/region Last Frequency Range
Armenia (% pa) 7.45 Dec 2025 monthly Feb 2000 - Dec 2025
Australia (% pa) 4.02 14 Jan 2026 daily 20 May 2013 - 14 Jan 2026
Belgium (% pa) 2.05 19 Jan 2026 daily 01 Jun 1987 - 19 Jan 2026
Canada (% pa) 2.55 20 Jan 2026 daily 04 Jan 1993 - 20 Jan 2026
Chile (% pa) 4.44 24 Dec 2025 daily 02 Jan 2008 - 24 Dec 2025
Colombia (% pa) 10.90 16 Jan 2026 daily 02 Jan 2003 - 16 Jan 2026
Croatia (% pa) 0.20 Nov 2022 monthly Feb 2010 - Nov 2022
Czech Republic (% pa) 3.56 Dec 2025 monthly Jan 2004 - Dec 2025
European Union (% pa) 2.22 Dec 2025 monthly Jan 1970 - Dec 2025
France (% pa) 3.47 Jun 2024 monthly Jan 1993 - Jun 2024
Georgia (% pa) 8.13 Dec 2025 monthly Sep 2009 - Dec 2025
Germany (% pa) 2.06 21 Jan 2026 daily 02 Jan 2014 - 21 Jan 2026
Greece (% pa) 2.28 16 Jan 2026 daily 02 Jan 2008 - 16 Jan 2026
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) 5.54 Nov 2025 monthly May 1996 - Nov 2025
Indonesia (% pa) 4.89 Nov 2025 monthly Oct 2008 - Nov 2025
Israel (% pa) 3.84 Dec 2025 monthly Feb 1994 - Dec 2025
Italy (% pa) 2.51 Dec 2025 monthly Oct 1992 - Dec 2025
Japan (% pa) 0.95 19 Jan 2026 daily 24 Sep 1974 - 19 Jan 2026
Kazakhstan (% pa) 17.30 Dec 2025 monthly Mar 1998 - Dec 2025
South Korea (% pa) 2.60 20 Jan 2026 daily 12 Nov 1998 - 20 Jan 2026
Lebanon (% pa) 4.50 Nov 2023 monthly Dec 1988 - Nov 2023
Malaysia (% pa) 2.87 20 Jan 2026 daily 25 Jul 2005 - 20 Jan 2026
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) 3.17 19 Jan 2026 daily 19 Mar 1985 - 19 Jan 2026
Norway (% pa) 3.96 19 Jan 2026 daily 02 Jan 2015 - 19 Jan 2026
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) 2.06 09 Jan 2026 daily 16 Jul 1993 - 09 Jan 2026
Russia (% pa) 14.20 19 Jan 2026 daily 04 Jan 2003 - 19 Jan 2026
Singapore (% pa) 1.37 Dec 2025 monthly Jan 1988 - Dec 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) 2.05 15 Jan 2026 daily 03 Jan 2000 - 15 Jan 2026
Sri Lanka (% pa) 13.83 Jan 2024 monthly Jan 2003 - Jan 2024
Sweden (% pa) 2.05 19 Jan 2026 daily 07 Jan 1987 - 19 Jan 2026
Switzerland (% pa) -0.07 Dec 2025 monthly Jan 1988 - Dec 2025
Taiwan, China (% pa) 1.23 21 Jan 2026 daily 15 Jul 2002 - 21 Jan 2026
Thailand (% pa) 1.25 01 Dec 2025 daily 15 Sep 1999 - 01 Dec 2025
Turkey (% pa) 36.64 Jan 2026 monthly Jan 2006 - Jan 2026
Ukraine (% pa) 16.35 Dec 2025 monthly Jan 2006 - Dec 2025
United Kingdom (% pa) 3.94 Dec 2025 monthly Jan 1982 - Dec 2025
United States (% pa) 3.55 16 Jan 2026 daily 02 Jan 1962 - 16 Jan 2026
Uruguay (% pa) 3.90 21 Jan 2026 daily 01 Oct 2003 - 21 Jan 2026
Zambia (% pa) 11.50 Nov 2025 monthly Jan 2006 - Nov 2025

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New Zealand Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.0 Sep 2025 quarterly Dec 1999 - Sep 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 (%) 48.5 Sep 2025 quarterly Dec 2006 - Sep 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) -92.3 Nov 2025 monthly Jan 1960 - Nov 2025
Total Exports (USD mn) 3,950.9 Nov 2025 monthly Jan 1957 - Nov 2025
Total Exports Growth (%) 9.2 Nov 2025 monthly Jan 1952 - Nov 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) 4,043.2 Nov 2025 monthly Jan 1960 - Nov 2025
Total Imports Growth (%) 4.4 Nov 2025 monthly Jan 1961 - Nov 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) 366.977 Nov 2025 monthly Jul 1981 - Nov 2025
Total Imports from USA (USD mn) 430.665 Nov 2025 monthly Jan 1981 - Nov 2025
Total Exports to China (USD mn) 890.782 Nov 2025 monthly Jul 1981 - Nov 2025
Total Imports from China (USD mn) 859.458 Nov 2025 monthly Jul 1982 - Nov 2025
Import Volume Index (Jun2002=1000) 2,795.000 Sep 2025 quarterly Mar 1949 - Sep 2025
Exports: fob: Australia (NZD mn) 1,039.331 Nov 2025 monthly Jan 1988 - Nov 2025
Exports: fob: United States (NZD mn) 649.287 Nov 2025 monthly Jul 1981 - Nov 2025
Exports: fob: United Kingdom (NZD mn) 169.154 Nov 2025 monthly Jul 1981 - Nov 2025
Exports: fob: China (NZD mn) 1,747.093 Nov 2025 monthly Jul 1981 - Nov 2025
Exports: fob: Japan (NZD mn) 288.843 Nov 2025 monthly Jul 1981 - Nov 2025
Exports: fob: Australia: sa (NZD mn) 959.987 Nov 2025 monthly Jul 1981 - Nov 2025
Exports: fob: China: sa (NZD mn) 1,576.047 Nov 2025 monthly Jul 1981 - Nov 2025
Exports: fob: SITC: Mineral Fuels (NZD mn) 54.105 Nov 2025 monthly Jan 2002 - Nov 2025
Exports: fob: SITC: Manufacturing: Goods (NZD mn) 319.051 Nov 2025 monthly Jan 2002 - Nov 2025
Exports: fob: SITC: Crude Materials (NZD mn) 746.365 Nov 2025 monthly Jan 2002 - Nov 2025
Exports: fob: SITC: Food & Live Animals (NZD mn) 4,133.643 Nov 2025 monthly Jan 2002 - Nov 2025
Exports: fob: SITC: Manufacturing: Machinery & Transport Equipment (NZD mn) 547.240 Nov 2025 monthly Jan 2002 - Nov 2025
Term Trade Index (Jun2002=1000) 1,476.000 Dec 2024 quarterly Mar 1957 - Dec 2024
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 (%) -3.4 Sep 2025 quarterly Jun 1987 - Sep 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) 4,209.210 Sep 2025 quarterly Jun 1995 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 6.5 Sep 2025 quarterly Jun 1995 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 1,457.2 Sep 2025 quarterly Jun 2000 - Sep 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) 79,981.0 Sep 2025 quarterly Jun 2000 - Sep 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) -117,455.265 Sep 2025 quarterly Jun 2000 - Sep 2025
Balance of Payment: Net Errors and Omissions (NZD mn) 3,712.000 Sep 2025 quarterly Jun 2000 - Sep 2025
Balance of Payment: Financial Account: Assets (NZD mn) 47.000 Sep 2025 quarterly Jun 2000 - Sep 2025
Balance of Payment: Current Account: Services: Debit (NZD mn) 9,087.000 Sep 2025 quarterly Jun 1971 - Sep 2025
Balance of Payment: Current Account: Goods (NZD mn) -3,443.000 Sep 2025 quarterly Jun 1971 - Sep 2025
Balance of Payment: Financial Account: Liabilities: Direct Investment (NZD mn) 620.000 Sep 2025 quarterly Jun 2000 - Sep 2025
Balance of Payment: Financial Account: Liabilities (NZD mn) 4,785.000 Sep 2025 quarterly Jun 2000 - Sep 2025
Balance of Payment: Financial Account: Assets: Portfolio Investment (NZD mn) 5,482.000 Sep 2025 quarterly Jun 2000 - Sep 2025
Balance of Payment: Current Account: Goods: Credit (NZD mn) 18,189.000 Sep 2025 quarterly Jun 1971 - Sep 2025
Balance of Payment: Financial Account: Liabilities: Other Investment (NZD mn) -1,075.000 Sep 2025 quarterly Jun 2000 - Sep 2025
Balance of Payment: Financial Account: Liabilities: Portfolio Investment (NZD mn) 7,103.000 Sep 2025 quarterly Jun 2000 - Sep 2025
Balance of Payment: Capital Account (NZD mn) -85.000 Sep 2025 quarterly Jun 1996 - Sep 2025
Balance of Payment: Capital Account: Debit (NZD mn) 213.000 Sep 2025 quarterly Mar 1997 - Sep 2025
Balance of Payment: Capital Account: Credit (NZD mn) 128.000 Sep 2025 quarterly Jun 1996 - Sep 2025
Balance of Payment: Current Account: Goods: Debit (NZD mn) 21,632.000 Sep 2025 quarterly Jun 1971 - Sep 2025
Balance of Payment: Current Account: sa: GS: Services: Credit (NZD mn) 8,488.000 Sep 2025 quarterly Jun 1971 - Sep 2025
Balance of Payment: Current Account: sa: GS: Goods: Credit (NZD mn) 20,173.000 Sep 2025 quarterly Jun 1971 - Sep 2025
Balance of Payment: Current Account: sa: GS: Services (NZD mn) -148.000 Sep 2025 quarterly Jun 1971 - Sep 2025
International Investment Position: Liabilities (NZD mn) 681,660.000 Sep 2025 quarterly Jun 2000 - Sep 2025
Balance of Payment: Financial Account (NZD mn) 2,075.000 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: Current Account (NZD mn) -10,581.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Current Account: Primary Income: Credit (NZD mn) 3,459.000 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: Assets: Other Investment (NZD mn) -2,942.000 Sep 2024 quarterly Jun 2000 - 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: Current Account: Primary Income: Debit (NZD mn) 7,003.000 Sep 2024 quarterly Jun 1971 - 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: Financial Account: Assets: Reserve Assets (NZD mn) 3,176.000 Sep 2024 quarterly Jun 2000 - 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: Primary Income (NZD mn) -3,544.000 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: GS: Goods (NZD mn) -1,913.000 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
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: Debit (NZD mn) 19,542.000 Sep 2024 quarterly Jun 1971 - Sep 2024
IIP: Assets (NZD mn) 404,576.000 Sep 2024 quarterly Jun 2000 - Sep 2024
IIP: Net (NZD mn) -208,617.000 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 (%) 90.7 Sep 2025 quarterly Dec 1990 - Sep 2025
Money Supply M1 (USD mn) 75,225.265 Nov 2025 monthly Dec 2016 - Nov 2025
Money Supply M2 (USD mn) 254,480.699 Nov 2025 monthly Mar 1988 - Nov 2025
M2 Growth (%) 4.5 Nov 2025 monthly Mar 1989 - Nov 2025
Foreign Exchange Reserves (USD mn) 28,667.0 Nov 2025 monthly Sep 2005 - Nov 2025
Foreign Exchange Reserves: % of GDP (%) 9.441 Sep 2025 quarterly Sep 2005 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 7.0 Nov 2025 monthly Sep 2005 - Nov 2025
Gold Reserves (USD mn) 0.000 Oct 2025 monthly Dec 1950 - Oct 2025
Total Deposits (USD mn) 279,008.095 Nov 2025 monthly Dec 2016 - Nov 2025
Total Deposits Growth (%) 3.8 Nov 2025 monthly Dec 2017 - Nov 2025
Domestic Credit (USD mn) 363,012.1 Nov 2025 monthly Mar 1988 - Nov 2025
Domestic Credit Growth (%) 4.1 Nov 2025 monthly Mar 1989 - Nov 2025
Credit to Households (USD bn) 238.472 Jun 2025 quarterly Dec 1990 - Jun 2025
Credit to Private Non-Financial Sector (USD bn) 423.842 Jun 2025 quarterly Mar 1960 - Jun 2025
Household Debt (USD mn) 231,294.6 Nov 2025 monthly Dec 1990 - Nov 2025
Total Loans (USD mn) 344,126.487 Nov 2025 monthly Dec 2016 - Nov 2025
Total Loans Growth (%) 4.78 Nov 2025 monthly Dec 2017 - Nov 2025
Private Debt: % of Nominal GDP (%) 136.73 Sep 2025 quarterly Mar 1988 - Sep 2025
Depository Corp: Money Supply: Broad Money (NZD mn) 443,578.000 Nov 2025 monthly Mar 1988 - Nov 2025
Depository Corp: Domestic Credit (NZD mn) 633,520.000 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
Official Reserve Assets (NZD mn) 55,851.773 Nov 2025 monthly Sep 2005 - Nov 2025
Official Reserve Assets: Foreign Currency Reserves (NZD mn) 38,442.469 Nov 2025 monthly Sep 2005 - Nov 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: All Industries: Business Confidence Index (Point) 73.600 Dec 2025 monthly Feb 1991 - Dec 2025
Business Outlook Survey: Manufacturing: Business Confidence Index (Point) 83.700 Dec 2025 monthly Feb 1991 - Dec 2025
Business Outlook Survey: Construction: Business Confidence Index (Point) 76.200 Dec 2025 monthly Feb 1991 - Dec 2025
Business Outlook Survey: Service: Business Confidence Index (Point) 73.700 Dec 2025 monthly Feb 1991 - Dec 2025
Business Outlook Survey: Retail: Business Confidence Index (Point) 67.900 Dec 2025 monthly Feb 1991 - Dec 2025
Performance Manufacturing Index (NA) 55.000 Dec 2025 monthly Aug 2002 - Dec 2025

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