New Zealand 3 Months vs 5 Years Spread

GOVERNMENT BONDS • SPREAD
NEW ZEALAND 3 Months / NEW ZEALAND 5 Years
22.8 bp
3.4 bp
1 month
Last Update: 27 Dec 2024, 0:15 GMT+0

As of the latest update on 27 Dec 2024 0:15 GMT+0, the New Zealand 3 Months / New Zealand 5 Years Government Bond spread value is 22.8 basis points (bp), where 1 basis point equals 0.01%.

This means that the yield of New Zealand 3 Months Government Bond is 0.228% greater than New Zealand 5 Years Government Bond.

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Spread recent variations

Spread changed +14.9 bp during last week, -3.4 bp during last month, -123.3 bp during last year.

If data are not all visible, swipe table left
Period Change Min Range Max
1 Week +14.9 bp
7.9 bp
Dec 20, 2024
23.6 bp
Dec 26, 2024
1 Month -3.4 bp
7.9 bp
Dec 20, 2024
35.4 bp
Dec 10, 2024
6 Months -85.5 bp
3.3 bp
Nov 15, 2024
153.5 bp
Aug 17, 2024
1 Year -123.3 bp
3.3 bp
Nov 15, 2024
153.5 bp
Aug 17, 2024
Current Spread: 22.8bp
Last update 27 Dec 2024 0:15 GMT+0

Spread Chart - Historical Data

Data Source: from 11 Sep 2016 to 27 Dec 2024
The New Zealand 3 Months / New Zealand 5 Years Government Bond spread reached a maximum value of 163.2 bp (13 May 2023) and a minimum value of -175.8 bp (11 April 2022).

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Spread Yearly Range

Data Source: from 11 Sep 2016 to 27 Dec 2024

New Zealand 3 Months / New Zealand 5 Years Government Bond spread: historic value range for every year.

In case of domestic spread, a long term bond should grant a higher return than a shorter one.
A green candlestick means that spread variation is positive in the year.
A red candlestick means that spread variation is negative in the year.
If data are not all visible, swipe table left
Year Spread Change Min Range Max
2024
Dec 27
22.8bp -125.7bp
3.3bp
Nov 15
153.5bp
Aug 17
2023
Dec 31
148.5bp +138.3bp
10.2bp
Jan 1
163.2bp
May 13
2022
Dec 31
10.2bp +132.5bp
-175.8bp
Apr 11
38.7bp
Dec 5
2021
Dec 31
-122.3bp -113.3bp
-155.4bp
Nov 22
-3.0bp
Jan 17
2020
Dec 31
-9.0bp -5.0bp
-44.9bp
Mar 18
38.7bp
Sep 27
2019
Dec 31
-4.0bp -15.7bp
-8.4bp
Dec 12
48.0bp
Mar 27
2018
Dec 31
11.7bp +47.7bp
-63.0bp
Jan 24
17.5bp
Dec 20
2017
Dec 31
-36.0bp +31.0bp
-75.8bp
Jan 27
-26.0bp
May 25
2016
Dec 31
-67.0bp -100.5bp
-76.8bp
Dec 23
33.5bp
Sep 11
Current Spread: 22.8bp.
Last update: 27 Dec 2024 0:15 GMT+0
The first official book of
Build wealth
with Lazy Portfolios and Passive Investing

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