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Old 05-07-2009   #1 (permalink)
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Default National Bank cuts interest rates

National Bank has cut its 6 month mortgage rate by 34 basis points (bps) to 5.45 per cent today, and its one-year rate by 29 bps to 5.50 per cent.This follows the 50 bps cut in the Official Cash Rate to 2.50 per cent by the Reserve...

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