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Adelaide Bank ups mortgage rate by 40 bps - AAP

Tue Mar 4, 2008 8:59pm EST
 
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SYDNEY, March 5 (Reuters) - Australian regional lender Adelaide Bank Ltd ADB.AX on Wednesday raised its wholesale mortgage rate by 40 basis points, Australian Associated Press reported, above the 25 basis point rate increase announced by the central bank on Tuesday. (Reporting by James Thornhill)

 

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