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Cheaper borrowing costs spur corporate bond sales, AMP Capital says

2015-10-21 08:31:12| Food - Topix.net

New Zealand's relatively cheap local borrowing costs are spurring companies to raise cash by selling bonds, according to fund manager AMP Capital Investors . The Wellington-based firm, which manages more than $19 billion of assets, predicts more companies will tap New Zealand's corporate bond market as low interest rates encourage them to borrow locally.

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