MATURING DEBT.
NEW ZEALAND ISSUE.
Details of New Conversion Operation.
DATE OF OPENING. United Press Association. —Copyright, (Received 10.30 a.m.)
LOXDOX, April 30.
It is understood that the New Zealand conversion loan will be an issue of £4,000,000, maturing in 1952 or 1955, at £98 10/. Cash applications will be invited earl}' next week. Conversion applicants cxpect to be offered equal nominal amounts of new stock in the cash adjustment.
A later message states, however, tliat casli applications for the issue, which is at 3 per cent, will open and close on May 4. The conversion issue will open and at once close, on May 11. Converters will receive a cash payment of £1 10/ per cent.
Permanent link to this item
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Bibliographic details
Auckland Star, Volume LXVII, Issue 102, 1 May 1936, Page 7
Word Count
117MATURING DEBT. Auckland Star, Volume LXVII, Issue 102, 1 May 1936, Page 7
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Acknowledgements
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