New Zealand Swap Rate
For the New Zealand wholesale markets and the swap market in particular, the swap rate is produced by the New Zealand Financial Markets Association (NZFMA). The NZFMA produces reference rates and overseas market rate auctions, and collects, calculates, and reports reference rates for the New Zealand wholesale markets through NZ Data, a growing subscription data feed that allows users to view reference rates in real time. Current subscriptions have been trending up as more banks and institutions around the world become familiar with New Zealand's stable and growing markets. Yet for $100 NZ, anyone can view New Zealand's wholesale rates in real time.
Swap rates are auctioned at end of day between 4:30 and 4:45 p.m. NZ time ...
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