In the realm of trade deals, this brings us to the question of how many trade-related regulations and laws we should harmonise. 4/7  BIS central bankers' speeches  As the failure of the TTIP agreement shows, our approach cannot rest on the simple tenet of “the more, the better”. Instead, future trade agreements need to be focused and should respect national prerogatives.
The banks could readily provide these due to the cheap New Zealand dollar funding offered by overseas investors through instruments such as Uridashis and Eurokiwis. In 2003,  BIS Review 68/2006  1  less than 60 per cent of all mortgages were fixed, by 2006 it was more than 80 per cent.