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 3.46 % pa in Mar 2026, compared with 3.38 % pa in the previous day.
  • New Zealand Short Term Government Bond Yield data is updated daily, available from Mar 1985 to Mar 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 Mar 2026 in the chart:

New Zealand Short Term Government Bond Yield

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

New Zealand Short Term Government Bond Yield: Daily: New Zealand: 2 Years was reported at 3.46 % pa in Mar 2026, compared with 3.38 % pa in the previous day. See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.46 19 Mar 2026 3.38 18 Mar 2026 0.16 20 Nov 2020 5.81 03 Oct 2023 % pa daily 19 Mar 1985 - 19 Mar 2026

Short Term Government Bond Yield by Country Comparison

country/region Last Frequency Range
Armenia (% pa) 6.99 Feb 2026 monthly Feb 2000 - Feb 2026
Australia (% pa) 4.42 11 Mar 2026 daily 20 May 2013 - 11 Mar 2026
Belgium (% pa) 2.57 20 Mar 2026 daily 01 Jun 1987 - 20 Mar 2026
Canada (% pa) 2.84 19 Mar 2026 daily 04 Jan 1993 - 19 Mar 2026
Chile (% pa) 4.44 24 Dec 2025 daily 02 Jan 2008 - 24 Dec 2025
Colombia (% pa) 13.28 13 Mar 2026 daily 02 Jan 2003 - 13 Mar 2026
Croatia (% pa) 0.20 Nov 2022 monthly Feb 2010 - Nov 2022
Czech Republic (% pa) 3.34 Feb 2026 monthly Jan 2004 - Feb 2026
European Union (% pa) 2.12 Feb 2026 monthly Jan 1970 - Feb 2026
France (% pa) 3.47 Jun 2024 monthly Jan 1993 - Jun 2024
Georgia (% pa) 8.00 Feb 2026 monthly Sep 2009 - Feb 2026
Germany (% pa) 2.62 20 Mar 2026 daily 02 Jan 2014 - 20 Mar 2026
Greece (% pa) 2.71 18 Mar 2026 daily 02 Jan 2008 - 18 Mar 2026
Hong Kong SAR, China (% pa) 2.36 Oct 2025 monthly Nov 2011 - Oct 2025
Hungary (% pa) 5.91 Feb 2026 monthly Feb 1997 - Feb 2026
India (% pa) 5.64 Jan 2026 monthly May 1996 - Jan 2026
Indonesia (% pa) 4.89 Nov 2025 monthly Oct 2008 - Nov 2025
Israel (% pa) 3.47 Feb 2026 monthly Feb 1994 - Feb 2026
Italy (% pa) 2.37 Feb 2026 monthly Oct 1992 - Feb 2026
Japan (% pa) 1.00 18 Mar 2026 daily 24 Sep 1974 - 18 Mar 2026
Kazakhstan (% pa) 17.90 Feb 2026 monthly Mar 1998 - Feb 2026
South Korea (% pa) 2.89 20 Mar 2026 daily 12 Nov 1998 - 20 Mar 2026
Lebanon (% pa) 4.50 Nov 2023 monthly Dec 1988 - Nov 2023
Malaysia (% pa) 2.96 19 Mar 2026 daily 25 Jul 2005 - 19 Mar 2026
Mexico (% pa) 3.93 Feb 2026 monthly May 1996 - Feb 2026
Moldova (% pa) 7.17 Jan 2026 monthly Dec 1997 - Jan 2026
New Zealand (% pa) 3.46 19 Mar 2026 daily 19 Mar 1985 - 19 Mar 2026
Norway (% pa) 4.12 19 Mar 2026 daily 02 Jan 2015 - 19 Mar 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) 2.51 13 Mar 2026 daily 16 Jul 1993 - 13 Mar 2026
Russia (% pa) 13.08 19 Mar 2026 daily 04 Jan 2003 - 19 Mar 2026
Singapore (% pa) 1.37 Feb 2026 monthly Jan 1988 - Feb 2026
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) 2.38 19 Mar 2026 daily 03 Jan 2000 - 19 Mar 2026
Sri Lanka (% pa) 13.83 Jan 2024 monthly Jan 2003 - Jan 2024
Sweden (% pa) 2.31 19 Mar 2026 daily 07 Jan 1987 - 19 Mar 2026
Switzerland (% pa) -0.10 Feb 2026 monthly Jan 1988 - Feb 2026
Taiwan, China (% pa) 1.19 20 Mar 2026 daily 15 Jul 2002 - 20 Mar 2026
Thailand (% pa) 1.25 01 Dec 2025 daily 15 Sep 1999 - 01 Dec 2025
Turkey (% pa) 38.25 Mar 2026 monthly Jan 2006 - Mar 2026
Ukraine (% pa) 0.00 Feb 2026 monthly Jan 2006 - Feb 2026
United Kingdom (% pa) 3.86 Feb 2026 monthly Jan 1982 - Feb 2026
United States (% pa) 3.80 20 Mar 2026 daily 02 Jan 1962 - 20 Mar 2026
Uruguay (% pa) 4.13 19 Mar 2026 daily 01 Oct 2003 - 19 Mar 2026
Zambia (% pa) 12.00 Jan 2026 monthly Jan 2006 - Jan 2026

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New Zealand Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.2 Dec 2025 quarterly Dec 1999 - Dec 2025
Consolidated Fiscal Balance (USD mn) -770.083 Dec 2025 quarterly Mar 1999 - Dec 2025
Tax Revenue (USD mn) 79,994.882 2025 yearly 1999 - 2025
Tax Revenue: % of GDP (%) 30.5 2025 yearly 1999 - 2025
National Government Debt (USD mn) 123,654.9 Sep 2025 quarterly Dec 2006 - Sep 2025
Government Debt: % of GDP (%) 49.4 Dec 2025 quarterly Dec 2006 - Dec 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
General Government: ytd: Borrowings: Gross Sovereign Issued Debt Excluding Reser... (NZD mn) 219,606.789 Dec 2025 quarterly Dec 2006 - Dec 2025
General Government: ytd: Expenses (NZD mn) 87,970.000 Dec 2025 quarterly Mar 1999 - Dec 2025
General Government: ytd: Revenue (NZD mn) 82,650.000 Dec 2025 quarterly Mar 1999 - Dec 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.751 2030 yearly 1980 - 2030
Trade Balance (USD mn) -303.5 Jan 2026 monthly Jan 1960 - Jan 2026
Total Exports (USD mn) 3,634.3 Jan 2026 monthly Jan 1957 - Jan 2026
Total Exports Growth (%) 2.6 Jan 2026 monthly Jan 1952 - Jan 2026
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) 3,937.8 Jan 2026 monthly Jan 1960 - Jan 2026
Total Imports Growth (%) 1.9 Jan 2026 monthly Jan 1961 - Jan 2026
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) 429.198 Jan 2026 monthly Jul 1981 - Jan 2026
Total Imports from USA (USD mn) 341.412 Jan 2026 monthly Jan 1981 - Jan 2026
Total Exports to China (USD mn) 948.267 Jan 2026 monthly Jul 1981 - Jan 2026
Total Imports from China (USD mn) 1,035.326 Jan 2026 monthly Jul 1982 - Jan 2026
Import Volume Index (Jun2002=1000) 2,914.000 Dec 2025 quarterly Mar 1949 - Dec 2025
Import Volume Index: sa (Jun2002=1000) 2,788.000 Dec 2025 quarterly Jun 1990 - Dec 2025
Export Volume Index: Exclude Re Export (Jun2002=1000) 1,461.000 Dec 2025 quarterly Mar 1951 - Dec 2025
Export Volume Index: Exclude Re Export: sa (Jun2002=1000) 1,440.000 Dec 2025 quarterly Jun 1990 - Dec 2025
Exports: fob: Australia (NZD mn) 802.114 Jan 2026 monthly Jan 1988 - Jan 2026
Exports: fob: Japan (NZD mn) 288.149 Jan 2026 monthly Jul 1981 - Jan 2026
Exports: fob: China (NZD mn) 1,577.085 Jan 2026 monthly Jul 1981 - Jan 2026
Exports: fob: United Kingdom (NZD mn) 169.611 Jan 2026 monthly Jul 1981 - Jan 2026
Exports: fob: United States (NZD mn) 733.546 Jan 2026 monthly Jul 1981 - Jan 2026
Exports: fob: Australia: sa (NZD mn) 939.332 Jan 2026 monthly Jul 1981 - Jan 2026
Exports: fob: China: sa (NZD mn) 1,620.692 Jan 2026 monthly Jul 1981 - Jan 2026
Exports: fob: SITC: Crude Materials (NZD mn) 470.132 Jan 2026 monthly Jan 2002 - Jan 2026
Exports: fob: SITC: Food & Live Animals (NZD mn) 4,150.584 Jan 2026 monthly Jan 2002 - Jan 2026
Exports: fob: SITC: Manufacturing: Machinery & Transport Equipment (NZD mn) 292.372 Jan 2026 monthly Jan 2002 - Jan 2026
Exports: fob: SITC: Mineral Fuels (NZD mn) 39.948 Jan 2026 monthly Jan 2002 - Jan 2026
Exports: fob: SITC: Manufacturing: Goods (NZD mn) 246.084 Jan 2026 monthly Jan 2002 - Jan 2026
Term Trade Index (Jun2002=1000) 1,593.000 Dec 2025 quarterly Mar 1957 - Dec 2025
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) 1,471.9 Dec 2025 quarterly Jun 2000 - Dec 2025
Current Account Balance (USD mn) -2,045.3 Jun 2025 quarterly Jun 1971 - Jun 2025
Current Account Balance: % of GDP (%) -4.1 Dec 2025 quarterly Jun 1987 - Dec 2025
Foreign Direct Investment (USD mn) 1,362.4 Dec 2025 quarterly Jun 2000 - Dec 2025
Foreign Direct Investment: % of GDP (%) 2.0 Dec 2025 quarterly Jun 2000 - Dec 2025
Foreign Portfolio Investment (USD mn) 3,775.300 Dec 2025 quarterly Jun 1995 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) 5.6 Dec 2025 quarterly Jun 1995 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 301.6 Dec 2025 quarterly Jun 2000 - Dec 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 3,473.689 Dec 2025 quarterly Jun 1995 - Dec 2025
External Debt (USD mn) 251,404.9 Dec 2025 quarterly Mar 1993 - Dec 2025
External Debt: % of GDP (%) 98.2 2025 yearly 1993 - 2025
External Debt: Short Term (USD mn) 82,243.6 Dec 2025 quarterly Jun 2000 - Dec 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) -11.114 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -113,493.780 Dec 2025 quarterly Jun 2000 - Dec 2025
Balance of Payment: Current Account: Goods (NZD mn) -1,893.000 Dec 2025 quarterly Jun 1971 - Dec 2025
Balance of Payment: Financial Account: Liabilities (NZD mn) 1,516.000 Dec 2025 quarterly Jun 2000 - Dec 2025
Balance of Payment: Financial Account: Assets (NZD mn) -2,277.000 Dec 2025 quarterly Jun 2000 - Dec 2025
Balance of Payment: Financial Account (NZD mn) 3,793.000 Dec 2025 quarterly Jun 2000 - Dec 2025
Balance of Payment: Current Account: Services: Debit (NZD mn) 9,228.000 Dec 2025 quarterly Jun 1971 - Dec 2025
Balance of Payment: Financial Account: Assets: Financial Derivatives (NZD mn) -3,765.000 Dec 2025 quarterly Jun 2000 - Dec 2025
Balance of Payment: Financial Account: Assets: Direct Investment (NZD mn) 2,567.000 Dec 2025 quarterly Jun 2000 - Dec 2025
Balance of Payment: Net Errors and Omissions (NZD mn) 2,294.000 Dec 2025 quarterly Jun 2000 - Dec 2025
Balance of Payment: Current Account: Primary Income: Credit (NZD mn) 4,374.000 Dec 2025 quarterly Jun 1971 - Dec 2025
Balance of Payment: Current Account: Goods: Credit (NZD mn) 20,934.000 Dec 2025 quarterly Jun 1971 - Dec 2025
Balance of Payment: Current Account (NZD mn) -5,984.000 Dec 2025 quarterly Jun 1971 - Dec 2025
Balance of Payment: Financial Account: Liabilities: Portfolio Investment (NZD mn) 6,584.000 Dec 2025 quarterly Jun 2000 - Dec 2025
Balance of Payment: Current Account: Services: Credit (NZD mn) 9,034.000 Dec 2025 quarterly Jun 1971 - Dec 2025
Balance of Payment: Financial Account: Liabilities: Other Investment (NZD mn) -5,958.000 Dec 2025 quarterly Jun 2000 - Dec 2025
Balance of Payment: Current Account: Primary Income (NZD mn) -3,670.000 Dec 2025 quarterly Jun 1971 - Dec 2025
Balance of Payment: Financial Account: Assets: Reserve Assets (NZD mn) 1,239.000 Dec 2025 quarterly Jun 2000 - Dec 2025
Balance of Payment: Capital Account: Debit (NZD mn) 224.000 Dec 2025 quarterly Mar 1997 - Dec 2025
Balance of Payment: Current Account: Goods: Debit (NZD mn) 22,827.000 Dec 2025 quarterly Jun 1971 - Dec 2025
Balance of Payment: Financial Account: Assets: Other Investment (NZD mn) -7,177.000 Dec 2025 quarterly Jun 2000 - Dec 2025
Balance of Payment: Capital Account: Credit (NZD mn) 120.000 Dec 2025 quarterly Jun 1996 - Dec 2025
Balance of Payment: Financial Account: Liabilities: Direct Investment (NZD mn) 2,376.000 Dec 2025 quarterly Jun 2000 - Dec 2025
Balance of Payment: Current Account: Primary Income: Debit (NZD mn) 8,044.000 Dec 2025 quarterly Jun 1971 - Dec 2025
Balance of Payment: Current Account: Services (NZD mn) -194.000 Dec 2025 quarterly Jun 1971 - Dec 2025
Balance of Payment: Capital Account (NZD mn) -104.000 Dec 2025 quarterly Jun 1996 - Dec 2025
Balance of Payment: Financial Account: Assets: Portfolio Investment (NZD mn) 4,858.000 Dec 2025 quarterly Jun 2000 - Dec 2025
BOP: Current Account: Goods & Services (NZD mn) -2,087.000 Dec 2025 quarterly Jun 1971 - Dec 2025
Balance of Payment: Current Account: sa: GS: Services: Debit (NZD mn) 8,985.000 Dec 2025 quarterly Jun 1971 - Dec 2025
Balance of Payment: Current Account: sa: GS: Goods: Debit (NZD mn) 21,441.000 Dec 2025 quarterly Jun 1971 - Dec 2025
Balance of Payment: Current Account: sa: GS: Services (NZD mn) 122.000 Dec 2025 quarterly Jun 1971 - Dec 2025
Balance of Payment: Current Account: sa: GS: Goods (NZD mn) -866.000 Dec 2025 quarterly Jun 1971 - Dec 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) 20,575.000 Dec 2025 quarterly Jun 1971 - Dec 2025
Balance of Payment: Current Account: sa (NZD mn) -4,642.000 Dec 2025 quarterly Jun 1971 - Dec 2025
IIP: Assets (NZD mn) 480,547.000 Dec 2025 quarterly Jun 2000 - Dec 2025
IIP: Net (NZD mn) -197,209.000 Dec 2025 quarterly Jun 2000 - Dec 2025
International Investment Position: Liabilities (NZD mn) 677,756.000 Dec 2025 quarterly Jun 2000 - Dec 2025
Balance of Payment: Financial Account: Liabilities: Financial Derivatives (NZD mn) -2,032.000 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: 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
Direct Investment Abroad: Stock (NZD mn) 29,490.000 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 (%) 91.1 Dec 2025 quarterly Dec 1990 - Dec 2025
Money Supply M1 (USD mn) 78,697.786 Jan 2026 monthly Dec 2016 - Jan 2026
Money Supply M2 (USD mn) 267,163.748 Jan 2026 monthly Mar 1988 - Jan 2026
M2 Growth (%) 3.5 Jan 2026 monthly Mar 1989 - Jan 2026
Foreign Exchange Reserves (USD mn) 27,531.8 Jan 2026 monthly Sep 2005 - Jan 2026
Foreign Exchange Reserves: % of GDP (%) 9.623 Dec 2025 quarterly Sep 2005 - Dec 2025
Foreign Exchange Reserves: Months of Import (NA) 6.8 Jan 2026 monthly Sep 2005 - Jan 2026
Gold Reserves (USD mn) 0.000 Jan 2026 monthly Dec 1950 - Jan 2026
Total Deposits (USD mn) 292,971.169 Jan 2026 monthly Dec 2016 - Jan 2026
Total Deposits Growth (%) 3.3 Jan 2026 monthly Dec 2017 - Jan 2026
Domestic Credit (USD mn) 383,024.1 Jan 2026 monthly Mar 1988 - Jan 2026
Domestic Credit Growth (%) 4.3 Jan 2026 monthly Mar 1989 - Jan 2026
Credit to Households (USD bn) 231.046 Sep 2025 quarterly Dec 1990 - Sep 2025
Credit to Private Non-Financial Sector (USD bn) 412.759 Sep 2025 quarterly Mar 1960 - Sep 2025
Household Debt (USD mn) 246,122.8 Jan 2026 monthly Dec 1990 - Jan 2026
Total Loans (USD mn) 365,576.199 Jan 2026 monthly Dec 2016 - Jan 2026
Total Loans Growth (%) 4.86 Jan 2026 monthly Dec 2017 - Jan 2026
Private Debt: % of Nominal GDP (%) 136.85 Dec 2025 quarterly Mar 1988 - Dec 2025
Depository Corp: Money Supply: Broad Money (NZD mn) 441,739.000 Jan 2026 monthly Mar 1988 - Jan 2026
Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) 130,122.000 Jan 2026 monthly Dec 2016 - Jan 2026
Depository Corp: Domestic Credit (NZD mn) 633,307.000 Jan 2026 monthly Mar 1988 - Jan 2026
Official Reserve Assets (NZD mn) 51,186.566 Jan 2026 monthly Sep 2005 - Jan 2026
Official Reserve Assets: Foreign Currency Reserves (NZD mn) 33,411.681 Jan 2026 monthly Sep 2005 - Jan 2026
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 (%) 79.100 Mar 2026 quarterly Mar 2022 - Mar 2026
House Price Inflation: Net Percent Expecting Higher (%) -27.500 Mar 2026 quarterly Mar 2022 - Mar 2026
Business Outlook Survey: All Industries: Business Confidence Index (Point) 64.100 Jan 2026 monthly Feb 1991 - Jan 2026
Business Outlook Survey: Service: Business Confidence Index (Point) 61.300 Jan 2026 monthly Feb 1991 - Jan 2026
Business Outlook Survey: Retail: Business Confidence Index (Point) 63.000 Jan 2026 monthly Feb 1991 - Jan 2026
Business Outlook Survey: Construction: Business Confidence Index (Point) 61.700 Jan 2026 monthly Feb 1991 - Jan 2026
Business Outlook Survey: Manufacturing: Business Confidence Index (Point) 76.900 Feb 2026 monthly Feb 1991 - Feb 2026
Performance Manufacturing Index (NA) 56.400 Feb 2026 monthly Aug 2002 - Feb 2026

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