Liquidity Management Review - Consultation on Open Market Operations and the Committed Liquidity Facility

Closes 31 Oct 2025

Opened 10 Sep 2025

Overview

We are proposing and seeking feedback on key design considerations and operational parameters for:

  • Open Market Operations (OMOs), a key part of our liquidity management framework, and
  • the Committed Liquidity Facility (CLF), previously announced as part of the forthcoming prudential Liquidity Standard.

This consultation paper has two parts. You may choose to respond to one or both parts and answer whichever questions are relevant to you.

How to have your say

Read the consultation paper:

Liquidity Management Review - Open Market Operations and the Committed Liquidity Facility consultation paper (PDF, 831KB)

Please email your feedback to liquiditymanagementreview@rbnz.govt.nz. Submissions will close at 5pm on Friday 31 October 2025.