Reference: 20240525
31 July 2024
Don Richards
[FYI request #27560 email]
Dear Don
Thank you for your Official Information Act (OIA) request, received on 10 July 2024.
You requested the following:
Please confirm the amount of interest RBNZ has paid on settlement balances the
past five years for each year that will be or has been
(a) reimbursed by the Treasury to RBNZ or
(b) reflected in a reduced dividend payment to the Treasury.
In my view it would have been necessary under section 14(b)(ii) of the OIA to transfer
your request to RBNZ. This is because the information you have requested is more
closely connected to the functions of RBNZ. However, I am aware that you have
already made your request to RBNZ and therefore I have not transferred it. The
Treasury does not hold any additional information that is not already held by RBNZ.
Please note that this letter (with your personal details removed) and enclosed
documents may be published on the Treasury website.
This reply addresses the information you requested. You have the right to ask the
Ombudsman to investigate and review my decision.
Yours sincerely
Ben Gaukrodger
Manager, Macroeconomic and Fiscal Policy
1 The Terrace
PO Box 3724
Wellington 6140
New Zealand
tel. +64-4-472-2733
https://treasury.govt.nz