UPDATE 1-ANZ: mortgage rates may rise if squeeze persists (Reuters Finance News, Australia via Yahoo!7 Finance)
Story date: 2007-09-10 11:09:26
Added on: 2007-09-11 03:00:05
MELBOURNE, Sept 11 (Reuters) - Australia and New Zealand Banking Group Ltd ANZ.AX, Australia's third-biggest lender, said on Tuesday it may have to raise mortgage rates if the higher cost of short-term funding persists.
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