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deposit rates

News Archive - October 2005

7 Oct 2005Instant Finance receives a B3 credit rating from Rapid Ratings
Personal finance retailer Instant Finance NZ Limited (IFNZ) has had its B3 investment grade rating reconfirmed by global corporate credit rating agency Rapid Ratings.
25 Oct 2005Tower warns people about CDO investments
Tower is warning investors about the risks associated with CDO-backed fixed interest investments following the Delphi bankruptcy and Refco fraud allegations.
28 Oct 2005Dual currency offer attractive
MFS says its dual currency offer is proving attractive to investors, just as a competitor is about to enter the market.

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Cash PIE Rates
Institution Rate 33% 39%
ANZ 3.00 3.09 3.22
ASB Bank 3.15 3.29 3.44
BNZ 3.66 3.82 3.92
Direct Broking Call Account 2.80 2.92 3.05
First Mortgage Trust 5.01 5.23 5.66
Forsyth Barr 3.50 3.66 3.95
Forsyth Barr 3.25 3.40 3.67
Forsyth Barr 2.75 2.87 3.10
Forsyth Barr 2.50 2.61 2.82
HSBC Premier 2.20 2.26 2.36
Kiwibank 2.40 2.50 2.61
Kiwibank 3.15 3.29 3.44
Marac 4.50 4.73 4.95
National Bank 3.00 3.13 3.27
Nelson Building Society 3.75 3.90 4.08
RaboDirect 3.40 3.54 3.70
SBS Bank 3.20 3.90 4.08
TSB Bank 3.75 3.90 4.07
UDC Investments 3.00 3.12 3.26
Westpac 3.00 3.13 3.27

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