Looking for the best New Zealand bonds and term deposits to earn a guaranteed return in NZ dollars? CompareBonds.co.nz publishes independent comparison tables covering banks, councils and corporate issuers.
Browse the tables below to see the country's best fixed returns, with terms from three months to seven years. All rates are shown in NZD and our chart is updated hourly.
A bond or term deposit pays a fixed rate of interest in NZ dollars for a set term, from 3 months up to seven years.
From mid-2025 the NZ Depositor Compensation Scheme protects eligible bank deposits up to NZ$100,000 per depositor, per institution. Corporate bonds are not covered.
Term deposits usually charge a break fee and require notice. Listed bonds can be sold on the NZX debt market at the prevailing price.