News

Money flowing in at Marac

Friday 27th of June 2008
Marac kicked off its $125 million, five-year bond offer and has outlined that its rates for reinvestment and new money remain strong.

Managing director Brian Jolliffe says the purpose of the bond offer is to further diversify the business and to get some longer-term money on the books.

He says Marac has always aimed to diversify both its lending and funding base.

On the funding side th...

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