November 28, 2024 03:45 GMT
STIR: RBNZ Dated OIS Softer Today But Still Firmer Than Pre- RBNZ Decision
STIR
RBNZ dated OIS pricing closed slightly softer across meetings today.
- Nevertheless, pricing remains 4-9bps firmer than yesterday’s pre-RBNZ decision levels.
- 42bps of easing is priced for February, with 97bps by November 2025.
Figure 1: RBNZ Dated OIS Today vs. Yesterday’s Pre-RBNZ Levels (%)
Source: MNI – Market News / Bloomberg
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