Kiwibank fixed rate cuts; Avanti debt milestone
Friday, August 16th 2019, 10:21AM
Yet more rate cuts this morning.
Kiwibank has made some big cuts on its fixed rate card. Its 1 year special is down to 3.55% from 3.79%, and becomes the cheapest in the market by 14 basis points. Kiwibank's 2 year special falls to 3.65% from 3.79%, also the cheapest in the market.
Take a look at how market rates compare on our rates table.
In other news, Avanti has reached a debt milestone it says will free up more capacity to lend. Find our more here: [READ ON].
| « More rate cuts at ASB; ANZ concerned about risk-aversion | Will rates fall much further? » |
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