Headlines from the RBNZ’s November MPS on FLP:
By Sophia Rodrigues
Published On 11 Nov 2020 , 12:09 PMHeadlines from the RBNZ’s November MPS on FLP:
-Plan to implement Funding for Lending Programme in early December
-Funding for Lending to be at prevailing OCR (that is floating rate)
-Initial allocation 4% of total loans and advances
-Additional allocation will be conditional one at 2%
-Term of FLP 3 years
-Initial allocation available for 18 months
-Additional allocation for further 6 months
-Additional allocation to be 50cents for every NZ$1 increase in loans
LATEST SNIPPETS
RBA Leaves Cash Rate Unchanged at 3.60%
The Reserve Bank of Australia left the cash rate unchanged at 3.60%, in line with expectations.
The to...
Published on : 30 Sep 2025 , 02:36 PMSlightly More Emphasis on Upside Risks In RBA Bullock's Speech
Key headlines from RBA Governor Michele Bullock's opening statement at Parliamentary testimony Monday:
...
Published on : 22 Sep 2025 , 11:16 AMRBNZ lowers OCR 25bps to 3%
The Reserve Bank of New Zealand cut the Official Cash Rate by 25bps to 3.00%, taking the total cuts in the current ea...
Published on : 20 Aug 2025 , 12:13 PMRBA trims cash rate by 25bps to 3.6%
The Reserve Bank of Australia cut the cash rate by 25bps to 3.60%, in line with expectations.
The rate cut...
Published on : 12 Aug 2025 , 02:40 PMRBA keeps cash rate unchanged at 3.85%
The Reserve Bank of Australia left the cash rate unchanged at 3.85%, defying market expectations for a 25bps cut.&nbs...
Published on : 08 Jul 2025 , 02:53 PMRBA cuts cash rate to 3.85%
The Reserve Bank of Australia lowered the cash rate by 25bps to 3.85%, citing continued easing in inflation as reflec...
Published on : 20 May 2025 , 02:48 PMRBA lowers cash rate target to 4.10%
The Reserve Bank of Australia lowered the cash rate by 25bps to 4.10% -- the first rate cut move since November 2020....
Published on : 18 Feb 2025 , 02:41 PMRBA Cash Rate Unchanged but Key Message Removed
The Reserve Bank of Australia left the cash rate unchanged at 4.35% but pivoted to a dovish stance by omitting the ke...
Published on : 10 Dec 2024 , 02:40 PMRBA Cash Rate Remains at 4.35%, Still Vigilant to Upside Risks
The Reserve Bank of Australia maintained the cash rate at 4.35% and retained the key message that it remains vigilant...
Published on : 05 Nov 2024 , 02:44 PMRBA keeps cash rate unchanged at 4.35%
The Reserve Bank of Australia left the cash rate unchanged at 4.35% and reiterated the key message that it is not rul...
Published on : 24 Sep 2024 , 02:37 PM