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A LOAN OF £92,000,000.

LONDON, April 10.

The St. Petersburg correspondent of "The Times" learns that Russia is isming * 5 per cent, loan of ninety4wo millions sterling, at 85. Banker* akme are invited to subscribe to the loan.

' France is taking fifty; millions, London, Amsterdam, and New .York four millions each, and the Russian banks thirty millions, instead of Berlin.

The sum of twenty-five millions out of the total is required to pay the recent issue of short-dated bonds. The balance" will not suffice to pay the expenses of the war and the famine, and to meet the deficit in tibe Budget.

[A previou* telegram was to the effect that the German Government objected to German banks participating in the Russiam loan, because it was about to issue a German Imperial loan of thirty millions sterling.]

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19060412.2.38.7.2

Bibliographic details

Press, Volume LXIII, Issue 12477, 12 April 1906, Page 7

Word Count
136

A LOAN OF £92,000,000. Press, Volume LXIII, Issue 12477, 12 April 1906, Page 7

A LOAN OF £92,000,000. Press, Volume LXIII, Issue 12477, 12 April 1906, Page 7