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$105M sellbacks

The Reserve Bank yesterday lent the money market $lO5 million by way of sellbacks. It bought $3O million maturing March ,7 at I 15.25 per cent and $75 million maturing March 15 at 16.26 to 16.61 per cent. Bids totalled $390 million. I ! ! f Tenth bank i The New Zealand Bankers’ Association has accepted the Countrywide Banking Corp to membership of the association. The associaton now has 10 members. j

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https://paperspast.natlib.govt.nz/newspapers/CHP19880305.2.132.19

Bibliographic details

Press, 5 March 1988, Page 27

Word Count
72

$105M sellbacks Press, 5 March 1988, Page 27

$105M sellbacks Press, 5 March 1988, Page 27