Tap stock
PA Wellington The governor of the Reserve Bank. Mr D. L. Wilks, said yesterday ruling prices for .tap issue stocks* to apply from yesterday are: Tap Issue No. 7: 12 per cent maturing 15.3.85, the ruling price will be $98.8829 per $lOO of stock face value (the effective yield to maturity is 12.458 per cent). Tap Issue No. 8: 12.5 per cent maturing 15.3.88. the ruling price will be $98.0041 per $lOO of stock face value (effective yield 12.987 per cent). The changes are the normal monthly adjustment due to the tap' stock on issue moving a month closer to maturity.
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Press, 17 April 1982, Page 19
Word Count
103Tap stock Press, 17 April 1982, Page 19
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