Despite indicating the pressure on its performance from the Reserve Bank's new liquidity norms, Kiwibank's liquidity ratios were well above the minimum norms set by the central bank.The bank's core funding ratio during the June 2010 quarter was around 79 to 80 per cent compared to the minimum 65 per cent required by the RBNZ.The one-week mismatch ratio was in the range of 8-11 per cent and the one-month mismatch ratio was in the 7-10 per cent ratio, compared to the minimum zero allowed by the RBNZ's liquidity norms.The RBNZ's quantitative requirements for liquidity came into effect on 1 April and the pressure to have more funding from stable sources such as customer deposits has been cited as one of the main reasons for competition in the deposit market.It appears that while Kiwibank was not scrambling to increase its deposit base to meet CFR goals, the competition from Australian-owned banks meant that deposit rates rose in the market, forcing it also to hike its own rates.Kiwibank is the first bank to disclose details of its quantitative liquidity ratios. The RBNZ aims to get other banks to publish such details as part of their disclosure statement but has not made it mandatory yet.