Issuance of Uridashi and Eurokiwi bonds slumped to NZ$313 million in March, down from NZ$1.3 billion in February and it's lowest monthly level since July 2004, figures from the Reserve Bank and Westpac show.
The fall in new New Zealand dollar bonds issued to Japanese and European retail investors will be closely watched by currency traders and the Reserve Bank. They are looking for any signs that foreign investors owed more than NZ$50 billion may decide to take their money home.
Issuance of Uridashi and Eurokiwi bonds slumped to NZ$313 million in March, down from NZ$1.3 billion in February and it's lowest monthly level since July 2004, figures from the Reserve Bank and Westpac show.
The fall in new New Zealand dollar bonds issued to Japanese and European retail investors will be closely watched by currency traders and the Reserve Bank. They are looking for any signs that foreign investors owed more than NZ$50 billion may decide to take their money home.
Hey Mike, is that a cat on your head ?
onlinemasterclasses 3 years ago
Issuance of Uridashi and Eurokiwi bonds slumped to NZ$313 million in March, down from NZ$1.3 billion in February and it's lowest monthly level since July 2004, figures from the Reserve Bank and Westpac show.
The fall in new New Zealand dollar bonds issued to Japanese and European retail investors will be closely watched by currency traders and the Reserve Bank. They are looking for any signs that foreign investors owed more than NZ$50 billion may decide to take their money home.
ofInterestNZ 3 years ago
Issuance of Uridashi and Eurokiwi bonds slumped to NZ$313 million in March, down from NZ$1.3 billion in February and it's lowest monthly level since July 2004, figures from the Reserve Bank and Westpac show.
The fall in new New Zealand dollar bonds issued to Japanese and European retail investors will be closely watched by currency traders and the Reserve Bank. They are looking for any signs that foreign investors owed more than NZ$50 billion may decide to take their money home.
ofInterestNZ 3 years ago