sharetrader
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  1. #1
    Senior Member
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    Auckland, , New Zealand.
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    Default Westpac NZ Ltd - Senior Notes

    Westpac has announced that it plans to issue a new five-year senior note.
    Details to be announced later this week.

  2. #2
    Ignorant. Just ignorant.
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    Default

    Quote Originally Posted by Grimy View Post
    Westpac has announced that it plans to issue a new five-year senior note.
    Details to be announced later this week.
    I'm picking better liquidity than a term deposit, but a similar interest rate. We'll see in due course.

  3. #3
    Senior Member
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    Auckland, , New Zealand.
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    Default

    Chris Lee & Co. picking around 3.3%

  4. #4
    Member
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    Dec 2011
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    Christchurch
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    333

    Default

    Suppose people will be losing money slower than in the bank with inflation at 6% and tax

  5. #5
    Ignorant. Just ignorant.
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    Default

    Quote Originally Posted by mcdongle View Post
    Suppose people will be losing money slower than in the bank with inflation at 6% and tax
    In the past 5 years, the WBC share price in NZ has gone from $33 to $23. I guess it all depends how you want to lose it?

  6. #6
    Senior Member
    Join Date
    May 2007
    Location
    Auckland, , New Zealand.
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    Default

    Also had some great s/p increases too. $15 to $29 between April 2020 and June 2021. I'm no good at timing and held what I already had through 2020, but bought more and certainly lowered my average in 2020, so sitting on a modest gain at current price, + dividends. I didn't take part in this note issue.

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