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Comparison Of Aug & Nov Unconstrained OCR Tracks

RBNZ

Please see the graph below for a comparison of the RBNZ's August & November unconstrained OCR tracks. A lot of focus from the sell-side on the shift here re: their reasoning behind the aforementioned RBNZ call adjustments. Note that BBG OIS strip pricing points to markets no longer pricing in a negative OCR during 2021.


Source: MNI - Market News/RBNZ

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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