Marac issue
PA ’ Auckland Marac Holdings is making a $3O million issue of debenture stock and unsecured deposits offering interest rates on amounts between $5O and $20,000 of 15.5 per cent a year for a two-year term and 16 per cent for three years. For secured debenture stock over three years, an investment of between $20,000 and $lOO,OOO will earn 17 per cent a year and for amounts of more than $lOO,OOO, 17.5 per cent over two years. Lower interest rates apply to investments for terms as short as three months.
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Bibliographic details
Press, 8 September 1982, Page 29
Word Count
91Marac issue Press, 8 September 1982, Page 29
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Acknowledgements
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