Offers for readers

The comment stream

Join the Interest community to be a registered commenter so you can:
- Edit your comments
- Avoid the CAPTCHA
- Vote on comments
Register Here

Already registered? log back in here ..

Forgotten your password? No problem! Click here

Reader poll

Should the RBNZ hold the Official Cash Rate at 3% until December 9 as many economists and the markets are now forecating?

Choices

90 seconds at 9am: UK prints more money; NZ investment confidence sky high

Posted in News

Watch video on Youtube here.

Watch video on our video page here.

Bernard Hickey details the key news overnight in 90 seconds at 9am in association with ASB, including news that the Bank of England announced an expansion of its money printing programme overnight. It will buy back 25 billion pounds worth of government bonds, bringing the total to 200 billion pounds, FT.com reported.

Meanwhile in New Zealand, investor confidence in an ASB survey has soared to a 2 year high, partly because of a stronger property market. Rental property remains the most popular type of investment, ahead of bank deposits and term deposits. Shares, investment funds and kiwisaver remain the least popular investments.

Meanwhile Goodman Property is planning a bond issue to raise NZ$150 million. The bond is BBB rated and the property company aims to reduce bank debt.

1 Comments

Meanwhile Goodman Property is planning

Meanwhile Goodman Property is planning a bond issue to raise NZ$150 million. The bond is BBB rated and the property company aims to reduce bank debt.

Post new comment

The information entered here will appear with your comment.