New Australian Loan
(Rec. 8 p.m.) CANBERRA, August 9. A new cash loan for £35,000,000 would be opened on August 17, the Federal Treasurer (Sir Arthur Fadden) announced today. The proceeds will go to Federal and State loan works programmes. The terms are: securities maturing August, 1956, 3 per cent., issued at £99 15s: securities maturing November, 1965. and November, 1970, 41 per cent., issued at par. The minimum subscription to the one-year securities will be £ 100 instead of the usual £lOOO.
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Bibliographic details
Press, Volume XCII, Issue 27733, 10 August 1955, Page 13
Word Count
82New Australian Loan Press, Volume XCII, Issue 27733, 10 August 1955, Page 13
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