The RBNZ has accumulated government bonds worth NZD 53 billion through a quantitative easing programme that began in 2020.
June 13, 2022Rather than sell bonds back into the secondary market, the RBNZ will sell them to the Treasury at a pace of NZD 5 billion each fiscal year.
February 25, 2022The RBNZ has expanded its quantitative easing programme to NZ$100bn and signalled a willingness to enter negative OCR territory, in response to Covid-19 related uncertainty.
August 13, 2020The latest measures include a NZ$30bn bond-buying programme, a new term lending facility for banks, and additional liquidity to support funding markets.
March 23, 2020