CORRECT: RBNZ looking at risk modelling, pricing to help boost returns

CORRECT: RBNZ looking at risk modelling, pricing to help boost returns
(Fixes description of hedged positions in 7th graph) By Paul McBeth March 13 (BusinessDesk) - The Reserve Bank is looking at the way it models risk and pricing in respect to its own financial operations, which it hopes will allow it to generate better returns without incurring greater risk. Central bank deputy governor and head of operations Geoff Bascand told a conference in London yesterday the bank operates a conservative profile in its own financial management, but is constantly seeking to improve on that. In recent years it has im...