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CONVERSION OF LOAN

Minister Reports On Result

(New Zealand Press Association) WELLINGTON. August 26

Of the total of more than 11.000 holders owning £13.980.000 worth of stock. 5759 holders converted £9.047.000 or 65 per cent., said the Minister of Finance <Mr Nord- ■ meyer) today when he announced I the result of the recent conversion J offer of 3? per cent. 1959 stock. | “There was a considerable num- , ber of small investors involved ■ in the conversion, many of whom I chose to accept repayment rather ! than conversion,” said the Minii ster.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19590827.2.9

Bibliographic details

Press, Volume XCVIII, Issue 28984, 27 August 1959, Page 3

Word Count
90

CONVERSION OF LOAN Press, Volume XCVIII, Issue 28984, 27 August 1959, Page 3

CONVERSION OF LOAN Press, Volume XCVIII, Issue 28984, 27 August 1959, Page 3