$300M for tender
PA Wellington Next week’s monthly Government stock tender will be for $3OO million, with two maturities, the Reserve Bank said. The tender, to be held on Thursday, will be for $l5O million of March 1991 stock and $l5O million of April 1995 stock. These two maturities were also offered at last month’s tender. At that time 1991 stock sold at a weighted average of 18.15 per cent and 1995 stock at 17.33 per cent. The Reserve Bank in its latest projections on primary liquidity said these suggest that primary liquidity is expected to decline slightly over the current quarter as a whole.
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Press, 12 July 1985, Page 16
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105$300M for tender Press, 12 July 1985, Page 16
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