More than $1b of securities affected by RBNZ payback limit
Banks identify bonds and notes subject to redemption ban.
Tim Hunter
Thu, 02 Apr 2020
More than $1 billion of bank debt securities have been caught by the Reserve Bank’s temporary ban on dividends and debt redemptions.
The RBNZ announced this morning it had issued new conditions of registration to the banks with immediate effect.
“To further support the stability of the
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Tim Hunter
Thu, 02 Apr 2020
Contact the Writer: thunter@nbr.co.nz
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More than $1b of securities affected by RBNZ payback limit
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