Conversion Loan
<N Z Pre** Association) WELLINGTON, April 19. The Minister of Finance (Mr Muldoon) announced tonight the terms of the first conversion loan for this financial year. He said that the holders of the Government stocks, 5 pei cent May 15, 1966-68, and 41 per cent June 15, 1968, were being offered a conversion loan opening, on April 22, and closing on Wednesday, May 8, with the options of s,per cent stock at par maturing on July 15, 1971, 5} per cent to July 15, 1974, or 5} per cent to July 15, 1984. Mr Muldoon said these terms were in line with the last successful cash loan.
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Bibliographic details
Press, Volume CVIII, Issue 31660, 22 April 1968, Page 20
Word Count
109Conversion Loan Press, Volume CVIII, Issue 31660, 22 April 1968, Page 20
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