New Zealand 5 Years vs 1 Year Spread

GOVERNMENT BONDS • SPREAD
NEW ZEALAND 5 Years / NEW ZEALAND 1 Year
32.3 bp
2.2 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 5 Years / New Zealand 1 Year Government Bond spread value is 32.3 basis points (bp), where 1 basis point equals 0.01%.

This means that the yield of New Zealand 5 Years Government Bond is 0.323% greater than New Zealand 1 Year Government Bond.

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Spread recent variations

Spread changed -6.3 bp during last week, -2.2 bp during last month, +117.7 bp during last year.

Current Spread is close to 1 year maximum value

If data are not all visible, swipe table left
Period Change Min Range Max
1 Week -6.3 bp
32.3 bp
Dec 27, 2024
38.6 bp
Dec 20, 2024
1 Month -2.2 bp
21.4 bp
Dec 2, 2024
38.6 bp
Dec 20, 2024
6 Months +115.1 bp
-114.0 bp
Aug 4, 2024
39.7 bp
Nov 21, 2024
1 Year +117.7 bp
-114.0 bp
Aug 4, 2024
39.7 bp
Nov 21, 2024
Current Spread: 32.3bp
Last update 27 Dec 2024 0:15 GMT+0

Spread Chart - Historical Data

Data Source: from 16 Oct 2017 to 27 Dec 2024
The New Zealand 5 Years / New Zealand 1 Year Government Bond spread reached a maximum value of 87 bp (13 June 2022) and a minimum value of -125.2 bp (12 May 2023).

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Spread Yearly Range

Data Source: from 16 Oct 2017 to 27 Dec 2024

New Zealand 5 Years / New Zealand 1 Year 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
32.3bp +116.6bp
-114.0bp
Aug 4
39.7bp
Nov 21
2023
Dec 31
-84.3bp -10.4bp
-125.2bp
May 12
-20.5bp
Oct 18
2022
Dec 30
-60.0bp -127.2bp
-75.5bp
Dec 8
87.0bp
Jun 13
2021
not available
2020
Dec 8
8.3bp -14.9bp
-25.3bp
Sep 21
69.5bp
Mar 19
2019
Dec 31
23.2bp +9.4bp
-15.0bp
Mar 27
25.4bp
Nov 3
2018
Dec 31
13.8bp -31.7bp
12.5bp
Dec 28
70.5bp
Jan 24
2017
Dec 31
45.5bp -16.0bp
45.0bp
Dec 28
63.5bp
Oct 29
Current Spread: 32.3bp.
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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