$50M removed
The Reserve Bank withdrew $5O million from the money supply yesterday morning by selling Treasury bills. Of the total, $3O million consisted of bills maturing on February 26 at an interest rate of 20.99 per cent and the balance was made up of bills maturing on March 19 at a weighted average of 24.99 per cent.
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Bibliographic details
Press, 5 February 1987, Page 22
Word Count
58$50M removed Press, 5 February 1987, Page 22
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