Asia Pacific > UPDATE – NZ Market: Auction fails as clearing price falls short of govt-set minimum price

UPDATE – NZ Market: Auction fails as clearing price falls short of govt-set minimum price

Published 00:05 on March 15, 2023  /  Last updated at 02:15 on March 15, 2023  / Stian Reklev /  Asia Pacific, New Zealand

New Zealand on Wednesday did not sell any of the 4.475 million NZUs on offer, as bids failed to meet the government’s confidential reserve price.
New Zealand on Wednesday did not sell any of the 4.475 million NZUs on offer, as bids failed to meet the government’s confidential reserve price.


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