News

The Financial Markets Authority has granted NZFBF an administrator of financial benchmarks licence, a key step in achieving EU Benchmark Regulation equivalence. This milestone ensures BKBM can continue to be referenced by European entities trading NZD derivatives beyond 31 December 2025.

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These Equity Definitions VE Protocol was launched on 27 October as planned. 

The scheduled effective date remains unchanged on 26 October 2026.

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NZFMA is pleased to announce the appointment of Donna Purdue as Chief Executive, effective 20 October 2025. 

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With just over one month until the NZFMA “New Zealand Business Day” (NZBD) Guidance takes effect on 6 October 2025, this Market Notice serves as a reminder of the upcoming change and the supporting materials available.

To support implementation, we have updated the "New Zealand Business Day" – Your Questions Answered document. This resource provides clarification on the application of the NZBD Guidance and addresses frequently asked questions.

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The NZFMA Board would like to inform members and stakeholders of upcoming leadership changes at NZFMA. 

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The New Zealand Financial Markets Association Incorporated (NZFMA) is seeking expressions of interest for appointments to a new Independent Oversight Committee (IOC) of its wholly owned subsidiary company - the New Zealand Financial Benchmark Facility Limited (NZFBF). Expressions of interest are sought for an IOC Chair and up to four (4) IOC Members.

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The New Zealand Financial Markets Association (NZFMA) has developed the NZFMA “New Zealand Business Day” (NZBD) Guidance to assist institutional participants in determining good business days for transacting and settling in New Zealand’s wholesale financial markets.

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The New Zealand Financial Markets Association (NZFMA) invites submissions on proposed changes to the NZFMA Business Day Definition and adoption of a single financial centre calendar for transactions and settlements in New Zealand’s wholesale financial markets.


The NZFMA's Rates Committee recently initiated a review of the terms to maturity and market parcels for New Zealand Government Bonds and New Zealand Inflation Indexed Bonds and made some changes.

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Data Summary

RATES as at 12/12/2025
2pm NZDFIX
0.58160
TWI
67.1
Delayed Data

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