The NZP010 bond is coming up for remarketing/reset depending on amount of interest from current holders. The current interest rate is 7.95% and by my reckoning if reset is to apply the new rate would be about the same. However holders are required to apply for renwal b4 new rate established under a remarketing process. Anybody have clues as to new rate under remarketing? See ann.
Disc. not holding but under consideration