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RBNZ: Updated RBNZ OCR Projections

RBNZ

Updated RBNZ projections from the central bank - not greatly different from what was priced by the market pre RBNZ this morning (at least for this year). Still, local swap rates and bond yields are lower. OIS is broadly unchanged so far, post the decision. 

Table 1: RBNZ OCR Projections Today Versus Prior, And Market Pricing (Prior To Today's Policy Announcement). 

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Updated RBNZ projections from the central bank - not greatly different from what was priced by the market pre RBNZ this morning (at least for this year). Still, local swap rates and bond yields are lower. OIS is broadly unchanged so far, post the decision. 

Table 1: RBNZ OCR Projections Today Versus Prior, And Market Pricing (Prior To Today's Policy Announcement). 

Keep reading...Show less