term deposits

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Latest blogosphere posts tagged “term deposits”

  • Mother in Law’s guide: Opt for up to one year and watch for guarantee action


    The Rates BlogAuthority Authority: 548
    By Bernard Hickey Here’s the short version: Term deposit rates are edging up despite a flat Official Cash Rate  (OCR). That’s because of hot competition between the banks for local deposits, but rates will rise even faster late next year as the Reserve Bank is forced to raise the OCR, possibly quite quickly. ...
    18 hours ago
  • ASB pushes up the term deposit boundaries


    The Rates BlogAuthority Authority: 548
    ASB has today announced new longer-term deposit rates that will have investors needing high yield taking notice. Their two year rate has risen +0.40% to 5.40%, their three year rate has risen +0.60% to 6.10%, and their five year rate has risen +0.35% to 6.85%. These new rates are for term deposits of $10,000 or ...
    4 days ago
  • Investor confidence hits 2 year high in ASB survey; rental property still favourite


    The Rates BlogAuthority Authority: 548
    Investor confidence improved in the September quarter to its best level in two years and has staged its biggest turnaround in the history of the ASB Survey. A net 14% of investors now expect a better return in the next 12 months, which was better than a net negative 11% who saw positive returns in the June survey and ...
    5 days ago
  • ANZ, National Bank hike longer term deposit rates; 5 yr to 6.75%


    The Rates BlogAuthority Authority: 548
    ANZ and National Bank has this morning increased its longer term deposit rates by between 25 and 50 basis points (bps). The move takes the rates above the majority of other banks’ offers, with ANZ and National Bank’s five year deposit rates now out to 6.75%. National Bank raised its one year term deposit rate by ...
    1 week ago
  • Banks offering low interest rate on term deposits are safer than NBFCs


    Invest In IndiaAuthority Authority: 128
    Before investing your surplus money in term deposits you must consider the safety front while selecting between the bank and a non-banking finance company (NBFC). The bank might offer lower interest rates while the NBFCs offer higher interest rate but from safety point of view banks are safer for investment . ...
    2 weeks ago
  • RBA rate hike – how will your defensive assets perform as rates rise? – Money Management


    Real Estate BuzzAuthority Authority: 158
    RBA rate hike – how will your defensive assets perform as rates rise? Money Management Fixed interest assets, like fixed- rate bonds and term deposits, are worth less to investors when interest rates rise – after all, why would you lock in an … Continued here: RBA rate hike – how will your defensive assets ...
    3 weeks ago

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