RBNZ rejected more than $15m for NZClear: analyst
NZX could look at cash return after offer spurned.
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Local Govt
The Reserve Bank spurned a bid from [NZX] well in excess of $15 million for its NZClear settlement system, NBR understands.
The central bank this morning said it had decided to retain NZClear after a sale process did not attract “suitable bids that met service requirements and commercial
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Tim Hunter
Fri, 11 Mar 2016
Fri, 11 Mar 2016
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RBNZ rejected more than $15m for NZClear: analyst
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