Heritage Bank has raised A$227.5 million from a placement of unsecured, senior bonds. It launched its offer a month ago, aiming to place $125 million in bonds. It said it had received $480 million in bids. The bank will pay 7.25 per cent on the bond. When first marketing the bonds a month ago, Heritage offered a rate on its (government guaranteed) five-year term deposits of 5.50 per cent. It has since cut this rate to 5.20 per cent. Resi Mortgage Corp is to change its online home-loan advertising to give the comparison rate more display. The Australian Securities and Investments Commission says Resi has not given its comparison rate sufficient emphasis. The National Consumer Credit Protection Act requires that any advertising of loan interest rates must include a comparison rate and that it must give this equal prominence.