Weighted-average six-month term-deposit rate from the RBNZ retail survey (B3, INR.MBI05.T07). Latest month: 3.45% for 31 Jul 2026.
From 31 Mar 1965 to 31 Jul 2026 (561 months): mean 6.31%, median 5.44%; low 0.82% (31 Jan 2021), high 18.00% (31 Jul 1987). Published average, not an offer from any one bank.
New Zealand's six-month term deposit rate is a retail savings benchmark from the Reserve Bank's B3 retail interest-rate survey, series INR.MBI05.T07. It is a weighted average of the advertised six-month term-deposit rates offered by surveyed institutions, compiled monthly, so the headline figure is the latest survey month and not a rate any single bank promises. The survey is a comparable reference across the market; offers you see may differ by institution, balance and term.
The chart shows the monthly survey history and the table lists the same values in reverse date order. The "versus the previous reading" line compares the latest month with the one before it, and the mean, median, low and high summarise the run in this build. Range buttons only shorten the window, and Chart and Table present one series in two forms. Because it is a published average, the rate can lag changes in wholesale funding costs and the official cash rate, and it can move when institutions reprice rather than when policy changes.
About this desk
The United Kingdom desk leads with Bank Rate, the Bank of England's policy rate, then SONIA, the sterling overnight market benchmark the Bank publishes but does not set. Euro-area, US, Canadian and Australian rates follow, with the rest of the build's series after them. All desks republish the same official series; this desk only reorders the menu and the wording, so the figures do not change when you switch desks.
Both UK series come from Bank of England statistical tables and are republished under the Bank's open-data terms, with attribution. Bank Rate is a policy setting that moves at MPC decisions; SONIA is a transaction-based market rate that moves daily. The build does not publish a UK retail mortgage or savings rate, because no such official series is ingested here — those pages are absent rather than estimated. This is not financial advice.