The share of New Zealand’s Reserve Bank (RBNZ) holdings held offshore ticked up in April 2026, continuing a gradual rise in foreign ownership. Offshore holdings increased to 57.10% in April from 56.70% in March 2026.
The latest data, updated on 18 May 2026, indicate that offshore investors now account for a slightly larger proportion of the RBNZ’s holdings than a month earlier. While the move from 56.70% to 57.10% is modest, it underscores an ongoing presence of foreign capital in New Zealand’s financial markets and will be closely watched by market participants tracking shifts in international investor appetite for New Zealand assets.
