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STIR: RBNZ Dated OIS Pricing Modestly Firmer Than Pre-RBNZ Decision Levels

STIR

RBNZ-dated OIS pricing is little changed across meetings today, holding flat to 4bps firmer than yesterday’s pre-RBNZ policy decision levels. 

  • The widely expected 50bp rate cut to 3.75% was largely priced in, with markets having anticipated 49bps of the move.
  • Currently, 27bps of easing is priced for April, with a total of 60bps expected by November 2025.

 

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RBNZ-dated OIS pricing is little changed across meetings today, holding flat to 4bps firmer than yesterday’s pre-RBNZ policy decision levels. 

  • The widely expected 50bp rate cut to 3.75% was largely priced in, with markets having anticipated 49bps of the move.
  • Currently, 27bps of easing is priced for April, with a total of 60bps expected by November 2025.

 

Keep reading...Show less