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Deputy Governor Bascand notes that the RBNZ....>

RBNZ
RBNZ: Deputy Governor Bascand notes that the RBNZ has instructed Banks to be
prepared for negative interest rates by year end. Note this is from an
operational perspective, as opposed to being in reference to a specific
timeframe re: a -ve OCR.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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