ECONOMY MOVE.
Further Conversion Planned By Britain. £280,000,000 INVOLVED. (Received 10.30 a.m.) LONDON, August 21. The "Sunday Dispatch" declares that the Chancellor of the Exchequer, Mr. Neville Chamberlain, is planning the conversion of a further £280,000,000, with a resultant saving of £8,000,000 annually in interest. There are three issues affected, each at 4i per cent, namely, £140,000,000 Treasury bonds, 1932-4; £14,000,000 Treasury bbnds redeemable in February; £13,000,000, 1925-45 (War Loan); also £115,000,000 5 per cent Treasury bonds, 1933-5,
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Auckland Star, Volume LXIII, Issue 198, 22 August 1932, Page 7
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78ECONOMY MOVE. Auckland Star, Volume LXIII, Issue 198, 22 August 1932, Page 7
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