Mortgage News

RBNZ confirms macroprudential tools

Monday 20th of May 2013

It has reported back on the results of its public consultation on proposed macroprudential tools and confirmed it is adding loan-to-value restrictions, a countercyclical capital buffer, and adjustments to the core funding ratio and sector capital requirements to its toolkit to counteract asset price bubbles and financial system instability.

It said the tools would be deployed only when n...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.