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Crown Accounts Show Banks Snapping Up Govt Securities

Wellington, March 6 NZPA - The latest crown accounts show that banks have been rushing to take up government bonds, securities and financial guarantees.

Debt Profile Puts Negative Outlook On Waitakere Council's Rating

Debt Profile Puts Negative Outlook On Waitakere Council's Rating
Wellington, Dec 3 NZPA - An increasing debt profile has seen Auckland's Waitakere City Council rating outlook revised to negative by ratings agency Standard & Poor's. Standard & Poor's today said it had affirmed its A+ long-term and A-1 short-term ratings on the council.

Watercare Ratings Lowered

Wellington, July 7, NZPA - Credit ratings agency Standard & Poor's has lowered its rating on Auckland utility Watercare Services Ltd.

Fitch Affirms Fonterra Credit Ratings; Says Its Outlook Stable

Wellington, June 4 NZPA - Credit ratings agency Fitch Ratings has kept Fonterra 's issuer default ratings and outlook stable. The dairy giant's long-term issuer default rating (IDR) at AA-minus and its short-term IDR at F1+.