News
PINs drop interest payment
Thursday 4th of October 2007
In an announcement to the NZX this morning, Deon Joubert, Absolute head, said an "Interest Retention Event is likely to occur" for both the PINs A and B series."Confirmation of the interest retention from the protection provider is expected in the couple of days," Joubert said in the NZX announcement.
"The recent mark to market moves over the last few months within credit markets has led...
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