Previous Years: | Monthly: | ||||||||||||||
Aug 2012 | Aug 2013 | Apr 2014 | May 2014 | Jun 2014 | Jul 2014 | Aug 2014 | |||||||||
New Zealand dollar non-Treasury claims | |||||||||||||||
CC1.1 Overdrafts: personal housing | 13,224 | 12,643 | 12,387 | 12,373 | 12,261 | 12,010 | 11,982 | ||||||||
CC1.2 Overdrafts: personal non-housing | 772 | 745 | 737 | 770 | 788 | 752 | 785 | ||||||||
CC1.3 Overdrafts: other | 7,190 | 6,998 | 5,924 | 6,136 | 5,878 | 5,854 | 6,043 | ||||||||
CC1.4 Term loan: personal housing | 159,176 | 170,421 | 177,018 | 178,061 | 178,843 | 179,492 | 180,268 | ||||||||
CC1.5 Term loan: personal non-housing | 3,522 | 3,890 | 4,267 | 4,308 | 4,344 | 4,396 | 4,412 | ||||||||
CC1.6 Term loan: all other | 98,637 | 103,584 | 106,572 | 107,753 | 108,568 | 108,646 | 108,715 | ||||||||
CC1.7 Credit card: personal | 4,782 | 4,879 | 5,149 | 5,100 | 5,113 | 5,068 | 5,072 | ||||||||
CC1.8 Credit card: business | 228 | 250 | 259 | 284 | 275 | 274 | 276 | ||||||||
CC1.9 Other advances and discounts | 775 | 696 | 693 | 665 | 682 | 666 | 716 | ||||||||
CC1.10 Other New Zealand dollar claims | 27 | 63 | 89 | 105 | 55 | 34 | 34 | ||||||||
New Zealand dollar Treasury claims | |||||||||||||||
CC2.7 Total claims of M3 institutions | 12,951 | 12,257 | 13,895 | 13,848 | 12,851 | 12,943 | 13,269 | ||||||||
CC3.7 Total claims on non-M3 institutions | 8,114 | 8,743 | 9,966 | 9,281 | 9,147 | 8,856 | 9,320 | ||||||||
CC4.7 Total claims on corporates | 21,639 | 21,541 | 21,834 | 22,064 | 20,884 | 21,300 | 21,794 | ||||||||
CC5.7 Total claims on other | 1,884 | 2,440 | 3,042 | 2,525 | 2,643 | 2,893 | 2,875 | ||||||||
CC6.7 Total Treasury claims | 44,589 | 44,980 | 48,737 | 47,717 | 45,525 | 45,992 | 47,258 | ||||||||
CC6.8 Total NZ dollar claims | 332,922 | 349,149 | 361,831 | 363,273 | 362,331 | 363,183 | 365,562 | ||||||||
Last updated 30 September 2014 |
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Source: Reserve Bank of New Zealand |
The Data: Coverage, Periodicity, and Timeliness |
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Coverage characteristics |
Since December 2004, the Bank has conducted a monthly survey of registered banks. Data is sourced from the Registered Bank Standard Statistical Return (SSR). Figures are aggregates of each data cell of the actual survey templates. Data are in millions of New Zealand dollars and are collected as at the last business day of the month. Part C of the SSR provides a breakdown of claims by treasury source and components as well as information on non-treasury claims. Balance sheet figures reported by banks conform to generally accepted accounting practice adopted by the institutions. In particular, values may be at book or ‘marked to market’ according to appropriate practice for the instruments involved. Where possible the resident/non-resident distinction in these tables is based on the geographical location of respondents and counterpart transactions. To facilitate statistical reporting however, the New Zealand income tax rules on residency are accepted as an approximation, and are the predominant definition. |
Monthly, as at the last business day. |
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Timeliness |
On or before the last business day of the month after the end of the reference month. |
Access by the public |
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Statistics release calendar |
The Statistics Release Calendar is updated and released on the last business day of the month. This is a long-term plan of scheduled releases. |
Integrity |
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Dissemination of terms and conditions under which official statistics are produced, including confidentiality of individual responses |
Data are collected under Section 36 of The Reserve Bank of New Zealand Act 1989 (The Act). The Reserve Bank of New Zealand publishes only aggregated data. Individual institutional data is confidential. |
Provision of information about revisions and advance notice of major changes in methodology |
Provisional data are italicised. Data are deemed provisional when a series is under review. New data, or revised data, are in bold font. Revisions are generally published when the table is next due to be updated and released. Should revisions need to be made more promptly, a note is posted on the website as a ‘special note’. Any major changes in methodology are posted on the website as a special note. |
Quality |
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Dissemination of documentation on methodology and sources used in preparing statistics |
All registered banks provide data on a monthly basis. An excel template is completed and returned each month by registered banks |
Dissemination of statistics that support statistical cross-check and provide assurance of reasonableness |
Disclosure statements published by registered banks offer checks for reasonableness. Links to registered bank websites can be found in the Banks section of this site. |
All loans and an institution's deposits with other institutions denominated in New Zealand dollars. They include bill acceptances on balance sheet. Claims include sellbacks (repos) and other agreements which are similar to collateralised loans. Claims include net deposits made in connection with futures contracts. Claims also include the net of payments made and receipts received on options contracts. If, however, receipts exceed payments the net amount is included in funding.
For reporting purposes, foreign currency funding items are normally converted into New Zealand dollars at the “mid-rates”, or similar rate used by the respondent, applying at the end of the month. An exception would be an arrangement in which a foreign currency loan or deposit will be repaid at a pre-arranged exchange rate. In such a case this pre-set exchange rate should be used.
‘Treasury’ means from treasury systems. ‘Non-treasury’ means everything else. It is expected that claims captured on ‘treasury systems’ will be reported as ‘treasury claims’. For example, a large corporate placement on behalf of a ‘corporate division’ will be a ‘treasury claim’, even though it is a ‘corporate product’.
This comprises personal loans secured on housing of the ‘overdraft’ type. These loans must be able to be redrawn from a cheque account.
Overdrafts that correspond to the ‘household - other’ claims description in Part D.
This includes all other overdrafts/revolving credit excluding credit cards, mainly business (including farming) lending.
Personal housing term loans are the common home mortgage instrument.
All other personal loans for a fixed duration not secured on a house.
All other term lending not personal and not from Treasury systems.
Personal credit card advances outstanding.
Business credit card advances outstanding.
Included here is the value of mortgage-backed paper, or other form of financing (short-term paper, or loans, for example), for residential housing loans secured on mortgage.
In New Zealand, such asset-backed paper includes that issued under the commercial paper programs of RFS and Pacific Retail, for example.
The most common asset in this class is now the RCD, NCD, TCD instrument,. Also included are commercial bills.
Short-term paper so described in ordinary market terms.
Corporate paper, tending to be medium to long-term, with a coupon, to distinguish it from promissory notes.
The definition here includes only those categories of ‘repo’ that involve separate sale and purchase agreements, commonly but not necessarily under an ISDA Master Agreement. Ordinary stock lending, and similar transactions for a fee, are not included. Only transactions which alter balance sheet totals under generally-accepted accounting practice are required.
“Resident in New Zealand” has the same meaning as that used in current New Zealand income tax practice, a non-resident withholding tax (NRWT) ‘flag’ is used to identify relevant customers. The tax definition is used for convenience - it is not ideal for monetary policy data. The ideal relates to the location of the customer, to accord with international conventions used for balance of payments and other cross-border data collection purposes. Therefore, entities that are clearly located overseas, (but are classed as New Zealand residents for tax purposes), are treated as non-residents if their transactions are usually separately identified as ‘non-resident’. Companies incorporated in New Zealand are regarded as New Zealand residents.
An associate of the reporting institution is any organisation that has substantially the same shareholders as the reporting institution, or any organisation (or individual) that holds 20 percent or more of the reporting institution's paid-up capital, or any organisation in which the reporting institution holds 20 percent or more in paid-up capital. When calculating financial claims on associates share capitals are excluded.
The financial institution definition is based on the ANZSIC code that is used to categorise industry sectors in Part D.
Notes
Invdividual figures may not sum to the totals due to rounding
Percentage changes are calculated on unrounded numbers
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