No tender
No Treasury bills will be offered for sale in the weekly Treasury bill tender scheduled for next Tuesday. The Reserve Bank said it expected a net cash withdrawal over the coming settlement week, January 27 to February 2, with PAYE and excise duty payments, plus other non-tax flows to the Government. The bank will be conducting open market operations as usual. The daily cash balance target remains $3O million.
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Bibliographic details
Press, 23 January 1988, Page 30
Word Count
71No tender Press, 23 January 1988, Page 30
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