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Thread: Kcfha

  1. #1
    Member
    Join Date
    Feb 2012
    Location
    Wellington
    Posts
    125

    Default Kcfha

    This bond from Kiwi Capital Funding Ltd, was due to be repaid before lockdown March 2020, but the RBNZ stepped in and declined to approve its repayment. The interest rate was reset at 3.985%. There was an announcement to the market in July 2021 stating that there has been a regulatory review and that restrictions would be lifted on 1 October 2021, with the prospect of repayment on 1 Jan 2022. No decision to repay y'all, but here's hoping....

    https://www.nzx.com/announcements/374108

  2. #2
    Senior Member
    Join Date
    May 2007
    Location
    Auckland, , New Zealand.
    Posts
    503

    Default

    Being paid out on the 25th of this month. Have to find a new home for the proceeds.

  3. #3
    Senior Member
    Join Date
    May 2007
    Location
    Auckland, , New Zealand.
    Posts
    503

    Default

    Money in the account today. Don't think I'll jump too quickly into anything while the market is floundering about.

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