CNP 0.00% 4.0¢ cnpr group

Rates going up on Macquarie Prime, more equity required to...

  1. 98 Posts.
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    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.

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    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%
 
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Currently unlisted public company.

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