INTEREST RATES.
The return to the investor on his but!ny, based upon the latest dividends, works ■it as follows on the latest sales. When 'tnvemment stocks are included, the calculation provides for redemption at the earlier date of maturity. When payment s made in sterling, exchange is added. In the case of local body issues, allowance is also made for 20 per cent interest reduction: — PEE CENT PER ANNUM. £ S d Bank of Xew Zealand ..... 5 5 3 South British 3 2' 6 X.Z. Insurance ........... 3 14 0
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Bibliographic details
Auckland Star, Volume LXX, Issue 89, 17 April 1939, Page 4
Word Count
88INTEREST RATES. Auckland Star, Volume LXX, Issue 89, 17 April 1939, Page 4
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Acknowledgements
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