New stock tender
PA Wellington The Reserve Bank will sell $2OO million of February, 1991, stock and SIOOM of November, 1993, stock in a tender next Thursday. Details of the 50th tender of Government stock were announced yesterday morning. It is the last tender in a programme announced on July 8. The coupon rate on the
February, 1991, stock will be 11 per cent and that on the November, 1993, stock will be 10 per cent. In addition to the amounts being offered, the bank will invest in SIOOM in the February, 1991, stock and SIOOM in the November, 1993, stock. The results of the tender will be announced at noon on Friday next week.
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Press, 23 September 1988, Page 16
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115New stock tender Press, 23 September 1988, Page 16
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