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"The Monetary Policy Committee agreed to.......>

RBNZ
RBNZ: "The Monetary Policy Committee agreed to continue with the Large Scale
Asset Purchase (LSAP) programme aimed at keeping interest rates low for the
foreseeable future. The LSAP quantum remains set at $60 billion. The assets
included are New Zealand Government Bonds, Local Government Funding Agency
Bonds, and NZ Government Inflation-Indexed Bonds. The Committee is committed to
reviewing this quantum at regular intervals, with a focus on achieving its
remit. The Official Cash Rate (OCR) is being held at 0.25 percent in accordance
with the guidance issued on 16 March."
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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