News
PGG Wrightson eyes 90-day deposits
Tuesday 19th of October 2010
For deposits less than $10,000, PGG cut 12-month deposit rate by 125 basis for excluded deposits but for guaranteed it reduced the rate by a smaller 80 basis points. The new rate is 4.70% for guaranteed and 5.70% for non-guaranteed. The new pricing is interesting considering Marac Finance who has a better rating of BB+ is offering a higher rate of 5.50% and 6.25% respectively.
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