UNCLASSIFIED
22 July 2025
ref: OIA2425_143
Frank T-F
By email
: [FYI request #31123 email]
Dear Frank
Information relating to “Carded” Mortgage Rates
Thank you for your 27 May 2025 request under the Of icial Information Act 1982 (OIA), for:
Al advertised “carded” residential mortgage rates (sometimes called “standard”
or “headline” rates) supplied to and held by the RBNZ for every registered New
Zealand bank. Please include, for each bank, the full schedule of tenors for which
the RBNZ collects carded mortgage rates, such as—but not limited to—floating,
6-month, and fixed terms of 1, 2, 3, 4, 5, 7, and 10 year.
[…] From the earliest month-end for which the Bank holds these series through
to the most recent month-end available at the time this request is processed [. ]
On 07 July 2025, we advised that we needed to extend the timeframe to respond to this request
for 20 working days to 4 August 2025, under section 15A(1)(b) of the OIA as the consultations that
are necessary to make a decision on your request are such that a proper response cannot
reasonably be made within the original time limit. We are now in a position to respond.
Response
The information you have requested is provided in confidence to the Reserve Bank of New
Zealand – Te Pūtea Matua (RBNZ) by banks under the Reserve Bank of New Zealand Act 2021 for
specific regulatory and supervisory purposes, and for the compilation of published aggregate
statistics.
As such, we are refusing your request in ful under section 9(2)(ba)(i) of the OIA, as the making
available of this information would be likely to prejudice the supply of similar information, or
information from the same source, and it is in the public interest that such information should
continue to be supplied.
We can advise, however, that data at the individual bank level is published by the RBNZ and
publicly available, at
: www.bankdashboard.rbnz.govt.nz/summary. A ful dataset of available
variables can also be downloaded from there.
Ref #22828220 v1.2
UNCLASSIFIED
2
In making our decision, we have considered the public interest considerations in section 9(1) of the
OIA. No public interest has been identified that would be suf icient to outweigh the reasons for
withholding that information.
We encourage you to raise any concerns you have about this response with the Reserve Bank of
New Zealand – Te Pūtea Matua directly.
Alternatively, you have the right to seek an investigation and review of this response the Of ice of
the Ombudsman. Further information about how to make a complaint is publicly available, at
www.ombudsman.parliament.nz or freephone 0800 802 602.
Yours sincerely
Government Relations
Reserve Bank of New Zealand – Te Pūtea Matua
2
UNCLASSIFIED
Document Outline
