Printed from https://fyi.org.nz/request/11672-percentage-of-interest-only-mortgages-held-by-laqcs-and-by-ltcs on April 27, 2024 10:49

percentage of interest-only mortgages held by LAQCs and by LTCs

s devoy made this Official Information request to Reserve Bank of New Zealand

Reserve Bank of New Zealand did not have the information requested.

From: s devoy

Dear Reserve Bank of New Zealand,
does the RB monitor the percentage of interest-only mortgage loans held by LAQCs and LTCs ?
If so, what are the those percentages, and their $ values, bank by bank, and year by year since 2007?
Also, does the RB monitor the the number of interest-only loans held by individual LAQCs and LTCs, at least as a percentage frequency distribution, as in X % hold only 1, Y hold 2, etc, year by year since 2007 ?

Yours faithfully,

s devoy

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From: RBNZ Info
Reserve Bank of New Zealand

Kia ora

 

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14. http://www.rbnz.govt.nz/

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From: RBNZ Info
Reserve Bank of New Zealand

Dear S Devoy

Thank you for official information request, received on 18 November 2019. You requested the following:

1. Does the Reserve Bank monitor the percentage of interest-only mortgage loans held by LAQCs and LTCs ?
2. If so, what are the those percentages, and their $ values, bank by bank, and year by year since 2007?
3. Does the Reserve Bank monitor the number of interest-only loans held by individual LAQCs and LTCs, at least as a percentage frequency distribution, as in X % hold only 1, Y hold 2, etc, year by year since 2007 ?

Response:

The Reserve Bank of New Zealand does not have the sector breakdown held by LAQCs and LTCs.

Other Matters:
A copy of this response may be published on the Reserve Bank’s website at: https://www.rbnz.govt.nz/research-and-pu.... We do this in order to improve transparency and provide an additional resource for anyone seeking information.

Under section 28 of the OIA, you have the right to seek a review of the Reserve Bank’s decisions in relation to your request.

Yours sincerely

Jessica Singleton
Communications and Engagement Administrator | Communications Department | Reserve Bank of New Zealand | Te Pûtea Matua
2 The Terrace, Wellington 6011 | P O Box 2498, Wellington 6140
Email: [email address]  | www.rbnz.govt.nz

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