MONEY MARKET.
INTEREST RATES. SHORT LOANS AND BILLS. (Receivod 11.30 a.m.) LONDON, .Tunc 17. I Discount and short loan rates on the London market, compared with those for last week, are as follow: — June 10. .Tunc 17. p.r. ]).C. I>ay-to-ilny loans j i Kino trade hills (.'! inns.) L' to 2J 12 to 2J I'.ank bills (.'i iill>lll lis > . :J 15-10 Hank hills (<i months) . :{ * Treasury hills (!_' mus.) 8 l.j-Hi | Treasury hills ( .'5 nios.) g 10-lti I New York call rates are quoted at 1 j per cent. | NEARLY AT PAR. AUSTRA LI AN CONVERSION (Received J'J..">o p.m.) LONDON. .Tune* 17. '"The Times'' city correspondent says i the Australian loan has recovered nearly j to par. AUSTRALIAN LOAN. CANBERRA, June 17. The Commonwealth's internal loan of £9,000.000 closed £1.800,000 short, the amount subscribed being £7,200,000. The underwriters will make good the shortage. The Treasurer, Mr. R. G. Casey, states that the subscribers numbered 70i>0. He says the failure to obtain the full amount is attributed to the improvement in business conditions, more outside avenues being available now for the investment oi capital than during the depression.
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Bibliographic details
Auckland Star, Volume LXVII, Issue 143, 18 June 1936, Page 4
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185MONEY MARKET. Auckland Star, Volume LXVII, Issue 143, 18 June 1936, Page 4
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