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"ESAS 'allows approved non-bank entities to settle payments directly in risk-free central bank money without using a commercial bank as an intermediary,' the RBNZ's Steve Gordon says."

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Fixed rate mortgage

Housing report: Fixed mortgage rates

Housing report: Fixed mortgage rates rising on OCR hike talk

16th Oct 09, 1:27pm

by Bernard Hickey

Housing report: Fixed mortgage rates rising on OCR hike talk

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