Reserve Bank increases cash rate

The Monetary Policy Committee today reached consensus to increase the OCR by 25 basis points to 2.75%. Inflation increased to 4.1% in the June quarter because of higher fuel prices arising from the conflict in the Middle East. Core inflation, expected wage growth, and...

ANZ lean towards OCR increase

1.7.26 ANZ Bank expect the RBNZ to raise the Official Cash Rate (OCR) 25bp to 2.50% next Wednesday. “In uncertain times, it’s all about risk management, “said chief economist Sharon Zollner. “With the OCR still 75bp below the RBNZ’s central estimate of neutral, growth...

Oceania considers bond offer

Oceania Healthcare Ltd is considering making a secured fixed rate bond offer of 6 year fixed rate, secured, unsubordinated bonds (Bonds) to institutional investors and New Zealand retail investors. Full details of the bond offer will be released upon the offer...

Ryman making $100m+ bond offer

8.6.26 Ryman Healthcare is offering up to NZ$100m (with the ability to accept up to an additional NZ$50m of oversubscriptions at Ryman’s discretion) of 6 year fixed rate, secured, unsubordinated bonds maturing on 22.6.32 to institutional investors and New Zealand...

Ryman considers bond offer

3.6.26 Ryman Healthcare is considering an offer of 6 year fixed rate, secured, unsubordinated bonds (Bonds) to institutional investors and New Zealand retail investors. The Bonds will be unsubordinated obligations of Ryman, and will have the benefit of a guarantee and...