New Zealand Financial Benchmark Facility


Welcome to the New Zealand Financial Benchmark Facility’s (NZFBF) website. NZFBF is a subsidiary of the New Zealand Financial Markets Association (NZFMA) and was formed in October 2021 to act as the Benchmark Administrator for New Zealand’s Interest Rates Benchmarks. The NZFMA continues to operate its other core functions such as managing fee liable access to benchmarks, training, accreditation and advocacy for members.


NZFBF is responsible for the daily calculation and publication of New Zealand’s Interest Rate benchmarks (BKBM, OCR Compound Index and Closing rates). The team will also review Benchmark methodology and monitor benchmark developments in other jurisdictions.


On this website you will find documentation relating to Governance, Operating Rules, Guidelines and Principles for each of the Benchmarks. NZFBF also publishes announcements concerning the benchmarks via market notice or benchmark updates on this website. 


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