New Zealand’s offshore asset exposure ticked up in February, with Reserve Bank of New Zealand (RBNZ) offshore holdings rising to 57.20%, up from 56.30% in January 2026.
The latest figures, updated on 17 March 2026, show a continued build-up in offshore positions after the start-of-year reading, suggesting a modest yet sustained increase in foreign assets relative to total holdings. While the data release does not detail the drivers behind the shift, the move signals a gradual strengthening of New Zealand’s international portfolio positioning during the early part of 2026.
Investors and analysts will be watching subsequent releases to determine whether February’s rise marks the start of a longer trend in offshore diversification or simply a short-term adjustment following January’s levels.
