DRAINAGE BOARD LOANS
SLOWER RATE OF SUBSCRIPTION The £10.590 received by the Christchurch Drainage Board in a recent five-week period as subscriptions to four loans was the smallest monthly total since March, when the increased interest rate improved the flow of money. th J h h e „ ®? a . nc ® committee reported to tpe hoard last evening that it had de£!~ed 1° app !y to . t l le Local Government Loans Board for a variation in , nj _ <,. r
the New Brighton loan issue and the ' treatment works loan. Under the new terms said the report, investors would be offered alternative terms of five, eight, and 12 JS®^ a L va J7 in f T rates of "] terest auth " ’
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Bibliographic details
Press, Volume XCIV, Issue 28053, 22 August 1956, Page 12
Word Count
117DRAINAGE BOARD LOANS Press, Volume XCIV, Issue 28053, 22 August 1956, Page 12
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