Regulatory fear drove bank bill reform: NZFMA
New Zealand's interest rates less prone to rigging, says data provider. With special audio feature.
New Zealand banks were so concerned about the risk of regulatory action they sought reform of the mechanism setting a key interbank interest rate.
On Friday ANZ Bank [NZX: ANZ] in Australia was hit with a major lawsuit alleging it manipulated the bank bill swap reference rate (BBSW) to its own
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Tim Hunter
Tue, 08 Mar 2016
Tue, 08 Mar 2016
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Regulatory fear drove bank bill reform: NZFMA
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