Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
New ZealandNew Zealand 6-Month Bill Auction fell to 2.7% in May 2026
FMPMonthlyReleased June 2026
New Zealand 6-Month Bill Auction fell to 2.7% in May 2026, released June 2026, down 0.02% from April's 2.71% reading.
Latest Release
2.697800
Actual
—
Consensus
2.714900
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| NZD/USD | ▲ Direct | +0.55 | FOREX | Bullish NZD | → View |
| NZD/JPY | ▲ Direct | +0.45 | FOREX | Bullish NZD | → View |
| AUD/NZD | ▼ Inverse | −0.40 | FOREX | Bearish AUD | → View |
| EUR/NZD | ▼ Inverse | −0.35 | FOREX | Bullish NZD | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
6-Month Bill Auction (New Zealand) was reported at 2.7% in June 2026. The reading fell from the previous value of 2.71%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 2.68%, ranging from 2.37% to 3.22% across 42 releases.
WHY IT MATTERS
The trailing three releases averaged 2.69%, up from the prior three at 2.66%. Volatility over the past year (σ 0.27%) is lower than the prior year (σ 0.66%). In June readings over the past 3 years, 6-Month Bill Auction has averaged 2.99%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with NZD/USD (Bullish NZD). A secondary relationship exists with NZD/JPY, positively correlated (Bullish NZD).
WHAT TO WATCH NEXT
The next release is scheduled for June 23, 2026. Same-country events in the next 14 days include Current Account (Jun 16) and GDP Growth Rate QoQ (Jun 17).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
SHARE
6-Month Bill Auction - NZ
Loading chart data...
About 6-Month Bill Auction — New Zealand
DEFINITION
The 6-Month Bill Auction is a financial indicator that measures the demand for short-term government debt securities. It involves the auctioning of 6-month Treasury bills, which are considered a safe and liquid investment option. This indicator provides insight into the current market sentiment and can be used to gauge the overall health of the economy. Investors and analysts closely monitor the results of these auctions as they can impact interest rates and the overall performance of the financial markets.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 2.698 %. Prior reading (Jun 2026): 2.715 %. Before that (Jun 2026): 2.67 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with NZD/USD (Bullish NZD, r=0.55) — a useful reference for forex-focused traders.