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General Business
3 mins to read
5

Bonus Bonds scheme to go

The old Post Office scheme has been criticised in recent years for its low returns.

Maria Slade Wed, 26 Aug 2020

ANZ is winding up its 50-year-old Bonus Bonds Scheme, saying the investment is no longer appropriate due to low interest rates reducing the prize pool.

ANZ Investment Services has announced it will stop accepting new investments into Bonus Bonds immediately, and start winding up the scheme by

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Maria Slade Wed, 26 Aug 2020
Contact the Writer: maria@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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