Tag: new_zealand_banking
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FMA Marks One Year of Tracking Bank OCR Pass-Through Rates
New Zealand's Financial Markets Authority has completed a year of monitoring how eight banks pass on Official Cash Rate changes to mortgage and savings customers, and plans to improve how the data is presented.
BusinessBankingFinancial MarketsEconomyReal Estate Financial Markets AuthorityOfficial Cash RateNew Zealand bankingfloating-rate mortgageson-call savings accountsinterest rate pass-throughReserve BankNZ Financial Markets Authority