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Papua New Guinea
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Interest Rates
Lending Interest Rates
RATESRates effective : 17/10/2005
Overdraft/FDA Nominal
Indicator Lending Rate 9.45% pa
(Note: Indicator Lending Rate is subject to change from time to time.)

Residential Housing Loan
Indicator Lending Rate minus 2.75% Interest Now 6.70%

Residential Home Improvement Loan
Indicator Lending Rate minus 2.75% Interest Now 6.70%

Residential Investment Loan
Indicator Lending Rate minus 1.75% Interest Now 7.70%

Residential Home Improvement Investment Loan
Indicator Lending Rate minus 1.75% Interest Now 7.70%

Refinance Other Banks Housing Loans
Upon appliction

Deposit Interest Rates
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Owner Occupied rate
RATESRates effective : 17/10/2005
Personal Deposit Products
Account Type Amount Interest Rate
Access Account less than K500 Nil
  K500 to K50,000 0.25% pa
  over K50,000 Nil
Passbook Accounts less than K500 Nil
  K500 to K50,000 0.25% pa
  over K50,000 Nil
Bonanzer Account less than K500 Nil
  K500 to K9,999 0.50% pa
  K10,000 and over 1.50% pa
Call Account Minimum Deposit-K100,000 Rates are available on application
Cheque Account Bearing Interest - Trust   3.00% p.a.
Term Deposit- K5,000 to K99,999 30 to 89 Days 0.50% pa
  90 to 182 Days 1.00% pa
  183 to 364 Days 1.75% pa
  1 Year to less than 2 Years 2.00% pa
  2 Years to 5 Years 2.50% pa
Term Deposit K100,000 or More Rates are available on application

Note:
All Interest rates were current and correct at time of publication. ANZ reserves the right to vary interest rates without prior notice. You should confirm current annual interest rates with your local branch of ANZ, or call 321 1079 (during normal banking hours) prior to initiating a transaction or using a service in reliance upon the annual interest rates as outlined here.