FX.co ★ RBNZ Offshore Holdings Edge Higher in September, Signal Steady Foreign Appetite for NZ Assets

New Zealand’s Reserve Bank offshore holdings inched up in September, suggesting continued — if modest — foreign interest in New Zealand assets. The share of offshore holdings rose to 57.30% in September 2026, compared with 57.00% in August 2026.

The latest reading, updated on 16 October 2026, points to a stable external positioning, with the slight uptick indicating that overseas investors are maintaining, and marginally expanding, their exposure. While the change is small, it will be closely watched by market participants as a gauge of international confidence in New Zealand’s economic and financial outlook.