February 13, 2025 22:04 GMT
STIR: RBNZ Dated OIS Pricing Firmer Than Pre-Labour Mkt Data Levels
STIR
RBNZ dated OIS pricing is slightly softer across meetings today.
- Notably, OIS pricing is 2–15bps firmer than pre-Q4 Labour Market data levels from February 4.
- Nevertheless, 48bps of easing is priced for February, with a cumulative 115bps by November 2025.
Figure 1: RBNZ Dated OIS Today vs. Pre-Q4 Labour Market Data (%)

Source: MNI – Market News / Bloomberg
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