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Farmers defeat ANZ in rate swap appeal

Farmers victorious in interest rate swaps court case.

A pair of Taranaki farmers have won a case against ANZ Bank over interest rate swaps.

The latest ruling in the case comes about five years after ANZ reached a $19 million settlement with the Commerce Commission over how it marketed interest rate swaps to rural customers between 2005 to 2009.

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Farmers defeat ANZ in rate swap appeal
General Business,Law,
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