SHORT TERM MARKET
Deposits Rise In April (N.Z. Press Association) WELLINGTON, May 11. The Reserve Bank today released the following statistics of the operations of the five approved dealers in the shortterm money market for April. Aggregate deposits at April 30 were £16.7m (against £15.7m at the end of March) and were derived from: Financial institutions, £4.7m (£4.5m). Industrial and commercial firms', £B.3m (£7.9m). Others, £3.7m (£3.3m). Rates of interest on new call deposits ranged between 3 per cent and 4 1-8 per cent (2 per cent to 4 1-8 per cent). Rates quoted for money payable within one month were 3 5-8 per cent to 4 1-8 per cent (3 5-8 per cent to 4 1-8 per cent) and for money payable between one and three months 3| per cent to per cent (3 5-8 per cent to 4 per cent). New deposits accepted by dealers in April totalled £B.6m (£11.7m) repayments were £7.6m (£19.5m).
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/CHP19660512.2.212.7
Bibliographic details
Ngā taipitopito pukapuka
Press, Volume CV, Issue 31057, 12 May 1966, Page 25
Word count
Tapeke kupu
156SHORT TERM MARKET Press, Volume CV, Issue 31057, 12 May 1966, Page 25
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
Ngā mihi
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in