MONEY MARKET
SHORT LOANS AND BILLS. SOME RATES LOWER. LOXDOX, July 7. N Discount and short loan rates on the London market are the same as those for last week, as follows: — Juno 30. July 7. PC. p.c. Day-to-day loans j j Kino trade bills (3 mos.) . 2to 21 2to 2J Bank bills (2 months) . . J 916 Bank bills (f> months* . . 5 j Treasury bills (2 months) jj niO Treasury bills (3 months) | 9-16 New York call money rates are steady at 1 per cent. AUSTRALIAN FINANCE. Accompanying fie prospect us of the Commonwealth conversion loan issued in London last month was a statistical statement of the loan position of the Commonwealth and State.--. From this it appeal* that the public debt of Australia on June 30 last was £1,235.782.107, com pared with £1,013.99] ,645 ten yc;iis previously, and that during the List five veuiw the national debt ginlunjj (mvl liae redeemed £40.464,4(>3 °i tlu debt.
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https://paperspast.natlib.govt.nz/newspapers/AS19370708.2.28.12
Bibliographic details
Auckland Star, Volume LXVIII, Issue 160, 8 July 1937, Page 4
Word Count
156MONEY MARKET Auckland Star, Volume LXVIII, Issue 160, 8 July 1937, Page 4
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