New Zealand's central bank has long signalled that an overheated housing market is a key risk to financial stability.
Bascand, a former government statistician, is currently head of operations at the central bank.
Both the Aussie and the kiwi will likely be pushed around by French presidential election news this weekend.
With no local data today, investors will continue to take their cues from overseas leads.
Phil Borkin said the central bank will likely remain "cautious and watchful" given the one-off factors.
The yield on New Zealand's longer dated bonds rose a few more basis points than their US counterparts.
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