Overview of NZdata

The NZdata system has replaced the Reuters system for the calculation and publication of the benchmark rates for Bills, Swaps and Bonds.  The NZdata system uses a proven model that was implemented in Australia seven years ago.  It provides a web based contribution mechanism which makes rate input for contributors a very simple process.

• The system is owned by the NZFMA and its members
• Provides one consistent and transparent view of the wholesale market rates in New Zealand
• The IP remains the NZFMA members
• New developments can be done in a timely and efficient manner
• No competitive advantage for any vendor
• All vendors have access to the data in a timely manner
• Not relying on third parties for developments
• Provides the benchmark for revaluation purposes and the SFE closeout
• Allows data distribution via the internet
• Allows data to be monitored and saved