Rates going up on Macquarie Prime, more equity required to borrow against those shares.
Not sure if any of the other lenders reducing the lvr as well.
---
Collateral Rate Change - 28 February 2008 Dear Investor,
We have reviewed our Collateral Rates for the below shares. These changes will be implemented before the market opens on Thursday 28 February 2008:
ASX Code Security Name Old Collateral Rate New Collateral Rate CER Centro Retail Group 35% 70% CNP Centro Properties Group 55% 70% ABS A.B.C. Learning Centres Limited 5% 45%
CNP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held