Lending rates cut
PA Wellington The ANZ Bank will reduce its index lending rate 0.75 per cent to 16.75 per cent from June 6. The reduction includes house mortgage rates. Westpac has cut its first-mortgage rate from 17 to 16.25 per cent and its second-mortgage rate from 20 to 19 per cent.
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Press, 21 May 1988, Page 8
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52Lending rates cut Press, 21 May 1988, Page 8
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