Memorandum
To: Market Participants
From: NZX Product Operations
Date: Monday, 16 December 2024
Subject: IFTHC – Interest Rate Reset
Message:
Further to the announcement made by Infratil Limited (“IFT”) today, NZX Operations (“NZXO”) advises that the interest rate payable on the Infratil Limited Bonds (“IFTHC”) has been reset to 6.24% per annum, with effect from today, Monday, 16 December 2024.
The interest rate reset will be reflected in our trading system from market open tomorrow, Tuesday, 17 December 2024.
Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.
ENDS
Gold gained 42% in NZ dollar terms last year, its value helped by falling interest rates.
The S&P/NZX 50 Index is down 1.5% since the beginning of the year.
Pacific Edge is on a trading halt until Monday.
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