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Economic weather report: July looms as Uridashi Tsunami month

Posted in News May 19, 2009 - 03:42pm, Bernard Hickey

Bernard Hickey gives an Economic Weather Report in association with ASB, including a warning that July looks like a tough month for the New Zealand dollar. Well over NZ$4 billion worth of Uridashi bonds will mature in July and are unlikely to be rolled over by Japaneses investors seeking higher returns.

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    • We welcome your help to improve our coverage of this issue. Any examples or experiences to relate? Any links to other news, data or research to shed more light on this? Any insight or views on what might happen next or what should happen next? Any errors to correct?

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    by Les Rudd | 20 May 09, 1:56pm

    Bernard - why do you

    Bernard - why do you say that $4.6bio tranche is unlikely to be rolled over? Thanks, Les.