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F&P Finance roll over rates rise as big debenture maturity looms

Wednesday 2nd of June 2010

 

The company it had a 63% reinvestment rate in March and that has increased to 80% in April.

That will help cover its $6.7 million of debentures on call and $105.5 million maturing between April and September of its $164.1 million of debentures of a total $164.1 million, as at March 31, as the government's initial retail deposit guarantee expires.

F&P Finance mana...

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