Regulatory fear drove bank bill reform: NZFMA
New Zealand's interest rates less prone to rigging, says data provider. With special audio feature.
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Local Govt
New Zealand banks were so concerned about the risk of regulatory action they sought reform of the mechanism setting a key interbank interest rate.
On Friday ANZ Bank [NZX: ANZ] in Australia was hit with a major lawsuit alleging it manipulated the bank bill swap reference rate (BBSW) to its own
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Tim Hunter
Tue, 08 Mar 2016
Tue, 08 Mar 2016
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Regulatory fear drove bank bill reform: NZFMA
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