Government securities
PA Wellington The Reserve Bank of New Zealand reports that sales of Government securities by specialised dealers for the week to February 8, comprised 21 transactions totalling $27,517,100. Of this total 14 transactions 'Otalling $26,600,000 involved Treasury bills. The weighted average yield for treasury bill sales was 11.194 per cent. Sales of Government stock totalled $917,100 from seven transactions. The weighted average yield for stocks maturing under two years was 13.0 per cent, from two to five years 12.962 per cent, and over five years 13.465 per cent. These transactions do not include those with the Reserve Bank.
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Press, 23 February 1980, Page 19
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100Government securities Press, 23 February 1980, Page 19
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