by Warren Head | Aug 25, 2025 | Money Market
Meridian Energy is considering making an offer of up to $250 million (with the ability to accept oversubscriptions of up to an additional $50 million at Meridian’s discretion) of 6.5 year unsecured, unsubordinated, fixed rate green bonds to institutional and New...
by Warren Head | Aug 20, 2025 | Economy, Free, Latest News, Money Market
20.5.25 The Monetary Policy Committee of the Reserve Bank today voted to decrease the Official Cash Rate (OCR) by 25 basis points to 3%. The move immediately sparked a rally on the NZ sharemarket. New Zealand’s economic recovery stalled in the second quarter of this...
by Warren Head | Jul 10, 2025 | Economy, Money Market
9.7.25 The Reserve Bank’s Monetary Policy Committee decided to leave the Official Cash Rate at 3.25%. The decision was reached by consensus with no vote taken. “The case for keeping the OCR on hold at this meeting highlighted the elevated level of uncertainty, and the...
by Warren Head | Jul 10, 2025 | Latest News, Money Market
10.7.25 Westpac economists interpreted the RBNZ’s commentary as indicating a reasonably strong presumption that the OCR will be cut at the August meeting. “The general view of the Monetary Policy Committee (MPC) is that the economic and inflation outlook remains...
by Warren Head | Jul 8, 2025 | Economy, Money Market
The domestic focus this week is on Wednesday’s RBNZ Monetary Policy Review. BNZ Markets continue to believe the economy requires lower interest rates ahead and they still forecast a 2.75% OCR low point. “However, we feel picking the July meeting outcome is a bit of a...
by Warren Head | Jun 9, 2025 | Currency, Economy, Global Share Markets, Money Market
9.6.25 US equity markets made solid gains Friday supported by labour market data and further signs of easing US-China trade tensions. BNZ Markets notes this morning that the S&P closed 1% higher and reached the psychological 6,000 level for the first time since...
