
News
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Monday 16th of February 1998
Equitable hikes ratesEquitable has increased the rates on its First Mortgage Bonds and Mortgage Income Trust.
The tax paid annualised rate on the First Mortgage Bonds is now 6.10 per cent (the equivalent of 9.1 per cent for a taxpayer on 33 per cent). The Mortgage Income Trust top rate is 8.25 per cent annualised.
Both these rates are for a three-year period.
Equitable has...
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