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Hawkesby points to ~NZ$28bn being taken up under the FLP scheme under a full allocation scenario. Although stresses that the pass-through to rates is the measurement of success of the scheme, as opposed to the take-down from banks.

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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