Overnight rate (per cent) - New Zealand - OECD - Monthly
This series is part of the dataset: OECD interest rates
Download Full Dataset (.xlsx)Latest updates. In New Zealand, the overnight rate was 2.58 per cent in August 2026, compared to 2.50 in July 2026.
Sample. The monthly series displayed in the chart has 499 observations in total. The series covers the span of time stretching from January 1985 to August 2026.
History. Here’s a quick look at a few descriptive statistics we computed on the full sample: the interest rate hit a trough of 0.15 per cent in August 2020; it attained a maximum of 67.32 in March 1985; it had a mean value of 6.57.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-06-30 | 2.31 |
| 2026-07-31 | 2.5 |
| 2026-08-31 | 2.58 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Overnight rate |
| Country | New Zealand |
| Economic concept | Interest rate |
| Data type | Annual interest rate |
| Seasonally adjusted | No |
| Deflation method | Not applicable |
| Rescaling | None |
| Measure type | Level |
| Frequency | Monthly |
| Unit | Percentage points |
| Source | OECD |
| Source type | International organization |
| Data licence | Redistributable with citation |
| Other information | Overnight rates usually refer to official discount rates and call-money rates. |
| FSR temporal aggregation code | LM1 |
Series in the same data set
Discover the other time series included in this data set.