Certus Market Update 18 March 2020
Dear Investor,
First of all, thank you for your patience and understanding during this very serious situation of the Global Coronavirus outbreak.
The Central Governments and general population are learning about the serious effects of the disease and taking significant measures to contain the outbreak.
Our business will be providing weekly updates at this stage using factual information about the Coronavirus outbreak, NZ Government policy and Financial Market updates.
The NZ Government has just announced a $12.1 billion package to contain the Coronavirus, help support New Zealand businesses and the wider economy.
Please click on the link below to read more information:
Covid19 Government announces $500m health boost
On Monday 16 March the NZ Reserve Bank has reduced to the Official Cash Rate to 0.25% from 1% to help support businesses and the Financial Banking sector. Please read the Reserve Bank Announcement:
NZ Reserve Bank Reduced Official Cash Rate To 0.25% From 1% read more
Finally I have copied a link to a factual informative Guardian UK newsletter article. The information is a few days old, Friday 13 March 2020, but provides accurate details around the spread of the disease:
Corona Virus Pandemic – Visualising the Global Crisis
Our business has already spoken or communicated to a large number of investment clients and we are very happy that you contact us by email or phone call if you have any questions.
Please try to remain calm, listen to the NZ Government announcements and we will keep you updated as best as possible.
Kind Regards
Brendon White
The Certus Team
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