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 stood at 2.78 per cent in September 2026, versus 2.58 in the previous month.
Sample. This monthly time series has a total of 500 records. The time range covered by the series stretches from January 1985 to September 2026.
History. Here's a snapshot of some statistics we computed on the full sample: the interest rate averaged 6.56 per cent; it recorded its highest level of 67.32 per cent in March 1985; it reached its lowest level of 0.15 per cent in August 2020.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 2.50000 |
| 2026-08-31 | 2.58000 |
| 2026-09-30 | 2.78000 |
Suggestion. Our metadata often contain references to the original sources of the data we provide. You can use these references to discover more details.
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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.