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deposit rates

Where to from here?

Wednesday, 10 February 2010

The above graph shows the yield curve with little variation within the four year period of 2005 through to 2008 in comparison to the positive curve as it now stands due to the depth that the short-term rates have plummeted.

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Previous News
Cash PIE Rates
Institution Rate 33% 39%
ANZ 3.00 3.09 3.22
ASB Bank 3.15 3.29 3.44
BNZ 3.66 3.82 3.92
Direct Broking Call Account 2.80 2.92 3.05
First Mortgage Trust 5.01 5.23 5.66
Forsyth Barr 3.50 3.66 3.95
Forsyth Barr 3.25 3.40 3.67
Forsyth Barr 2.75 2.87 3.10
Forsyth Barr 2.50 2.61 2.82
HSBC Premier 2.20 2.26 2.36
Kiwibank 2.40 2.50 2.61
Kiwibank 3.15 3.29 3.44
Marac 4.50 4.73 4.95
National Bank 3.00 3.13 3.27
Nelson Building Society 3.75 3.90 4.08
RaboDirect 3.40 3.54 3.70
SBS Bank 3.20 3.90 4.08
TSB Bank 3.75 3.90 4.07
UDC Investments 3.00 3.12 3.26
Westpac 3.00 3.13 3.27

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