Local demand robust as BNZ prices another domestic
- Tuesday, 26 August 2008
Bank of New Zealand (AA/Aa2) (BNZ) says domestic demand for bank paper is holding up in the wake of a self-led NZ$60 million (US$42.29 million) increase to its 2011 line, which priced at 90 basis points over three-month mid-rate swap on August 25.
