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BONDS: NZGBS: Market Cheapens After RBNZ Delvers Expected 50bp Cut
Source: Buzz FX / 26 Nov 2024 20:01:22 America/Chicago
November 27, 2024 01:23 GMT
BONDS: NZGBS: Market Cheapens After RBNZ Delvers Expected 50bp Cut
BONDS
NZGBs are 4bps cheaper after the RBNZ delivered a widely expected 50bps rate cut, bringing the OCR to 4.25%.
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