Security ratio dates
PA Wellington The two increases in the finance Company-Govern-ment security ratio will take effect from the end of the next two months, not the beginning as reported on Saturday. The Governor of the Reserve Bank, Mr Richard Wilks, said the first increase of 5 per cent, which was announced late last year, would take effect from the end of February. The second increase of 5 per cent, taking the security ratio to 30 per cent, would begin from the end of March.
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Press, 30 January 1984, Page 2
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85Security ratio dates Press, 30 January 1984, Page 2
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