DR - Rate Changes

Rates Update: FE offers special 1yr rate

Monday 24th of January 2011

Investors, however, need to take note of the fact that the company is unrated and thus it is difficult to assess the risk profile of this investment.

Among finance companies, Asset Finance made a rate move in contrast with FE Investments. The company cut one-year deposit rate by 75 basis points to now offer 8.75%. The new rate, however, still beats the 8.60% offered by NZF Money for depo...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.