RBNZ: Says have other tools at ready to keep cost of borrowing low for as long as needed

Reserve Bank Of New Zealand says have other tools at ready to keep cost of borrowing low for as long as needed.

Key notes

• Says there are more plans to ensure banks are able to implement govt's announced $6.25 bln business finance guarantee scheme.
• Says have other tools at ready to keep cost of borrowing low for as long as needed.

More to come