Sharechat Logo

Short window left to lock in good interest rates on term deposits

Wednesday 22nd May 2019

Text too small?

General Finance is in the process of reviewing its interest rates for secured term deposits, in light of:

The recently announced reduction in the OCR.

The strong inflow of funds that General Finance has experienced over the last six months.

General Finance respects its depositors and understands that it often takes time for them to arrange their affairs in order to make a deposit. As a result, the change will be for applications received AFTER the 30th of June 2019.

The new rates have NOT been set yet, however we expect that they will be similar to the adjustment in the OCR.

General Finance, and we here at Equity Investment Advisers, do not want clients to miss out on the current higher rates while they stand.

We advise all existing and prospective investors to consider General Finance Term Deposits as another investment option.

 

Before deciding to invest, you must read the Product Disclosure Statement below:

Product Disclosure Statement

Please feel free to contact us if you have any questions.

 

Kind Regards,

General Finance & Equity Investment Advisers

Bond Offer: Infratil Ltd, 7.2 year & 10.2 year unsecured unsubordinated bond


  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

NZ dollar eases as market eyes pending GDP data
Evolve shareholders demand answers
Strong tourism, low rates keep lid on NZ current account deficit
Refining NZ margins jump to 18-month high
Goodman opts for underwritten $150m placement to raise capital
Kathmandu shares rise 9.3% on strong FY result, solid US performance
FMA seeks greater powers from the government
Goodman opts for underwritten $150m placement to raise capital
NZ dollar opens higher as dairy prices lift, oil eases
Napster's Sean Parker yet to seek OIO approval for Weta Digital stake

IRG See IRG research reports