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World Bank cuts rate

NZPA-Reuter Washington The World Bank said it was lowering its interest rate on loans to developing countries to 8.5 per cent from 8.82 for the six months ■ beaming January 1, 1986. (I

It was the seventh consecutive reduction since the bank adopted a policy on July 1, 1982, of semi-annu-ally resetting its lending rates. At that time the rate was 11.47 per cent.

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https://paperspast.natlib.govt.nz/newspapers/CHP19860110.2.121

Bibliographic details

Press, 10 January 1986, Page 22

Word Count
67

World Bank cuts rate Press, 10 January 1986, Page 22

World Bank cuts rate Press, 10 January 1986, Page 22