New Zealanders will be able to bid up to $2k for Mighty River Power shares without any scale back and includes a facility for a loyalty bonus if you hold shares for at least three-years.
The offer is designed to incentivise New Zealanders to buy and hold onto shares.
Small allocations of Z Energy seven-year bonds are still available at 6.5 per cent.
The Reserve Bank meets this week and no change is expected to the OCR.
On the global share market there are mixed results out of the USA with the housing market improving although unemployment is higher than expected.
1 comment
MANY NZers SHOULD BE ABLE TO DO THAT
Posted on 25-07-2012 16:46 | By PLONKER
Good idea, but I still think only NZers should be able to buy.
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