BNZ's initial response to the rate cuts were described as underwhelming - a 30 month rate of 6.10%. Later it announced cuts across all its fixed rate card which are recorded it the table. Also we have AMP dropping rates between 25 and 41 points and Kiwibank intends to withdraw its non-carded 30 month rate of 5.99% at the end of the day.
Caught out and cut
04 November 2011
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New Zealand
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New Zealand
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