Bank tender today
PA Wellington The Reserve Bank will offer $6O million in treasury bills at its weekly tender today. The bank said in a statement it will offer S2OM of 56day, S2OM of 119-day, and S2OM of 224-dav bills. In
addition it will purchase S2OOM of 56-day and SIOOM of 119-day for its own portfolio. The bank said it would conduct open market operations as usual. The daily cash balance target would remain S3OM. .
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Press, 1 December 1987, Page 49
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75Bank tender today Press, 1 December 1987, Page 49
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