AUCKLAND (CU)_In August 2020, the Australia and New Zealand Banking Group (ANZ) decided wind-up its Bonus Bonds scheme is the largest fund closure in New Zealand history, with a whopping $3.25 billion was due to be handed back to investors at the time. Investors were expected to be paid back in October, but the programme was delayed as a result of several challenges, but was able to settle $1.10 for each Bonus Bond before Christmas for local bondholders who had provided their bank account details.
However, this was not…
