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A NEW ZEALAND LOAN.

LONDON, February 3

A New Zealand loan of £ 1,000,000 at 3 per cent, is imminent. It will be underwritten at -1 per cent. Probably the minimum will be fixed at 96. The million loan is being raised under several acts of the legislature, principally the Advances to Settlers and Aid to Public Works. The latter authorises half-a-million for railways, rolling stock, roads, and bridges.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS18990204.2.41

Bibliographic details

Auckland Star, Volume XXX, Issue 29, 4 February 1899, Page 5

Word Count
68

A NEW ZEALAND LOAN. Auckland Star, Volume XXX, Issue 29, 4 February 1899, Page 5

A NEW ZEALAND LOAN. Auckland Star, Volume XXX, Issue 29, 4 February 1899, Page 5