D.F.C. notes
PA Wellington Turnover in the secondary market for Development Finance Corporation of New Zealand 12 per cent bearer notes (due August 1983) was reached $2.75M in the three months after issue. At the time of the first: bearer-note issue of its] kind in New Zealand, two of! the issue managers (New Zealand United Corporation, Ltd, and Chase N.B.A. New Zealand Group, Ltd) undertook to act in the secondary market on a daily quote basis. The nominal value turnover represents 27.5 per cent of the SIOM issue.
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Bibliographic details
Press, 8 December 1978, Page 14
Word Count
88D.F.C. notes Press, 8 December 1978, Page 14
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