Page 6 Advertisements Column 2

Press, Volume CIX, Issue 32126, 23 October 1969, Page 6

■MHt -—r *5l ■y 1 M ifturtwomart-dnd It in New Zealand can | W- ■' fl bv w r . up BBBh B / if] > MiS ■ : - This new and highly interesting the eight years are up. Interest average around 6%. Interest will investment opportunity 'is now will be earned at the rate of 2% % be allowed to accumulate and will offered to everyone in New Zea- in the first year, rising by 1% a be paid on the date of maturity land. National Development Bonds year to reach 9i/ 2 % in the eighth or on prior surrender. are on sale at the Post Office, year. Actual annual yield will Up to $5OO special exemption This is a new government security from income tax which will yielcL particularly fav- Income derived from interest up ourable rates of interest, to $5OO on National Development These bonds will mature in Bonds will be exempt from income eieht years, when they will have //» For example, if tax in the year the bonds mature XL.Hdn.lmita.W.o.% /? or.™surrendered. Interest. (For example $lOO in.es,. g « ... ed today will bring in $159.05.) h- 3rd jno.ss “I Oei-.opmanl Bonds at any branch National Ptrotopmen: Bonds I eth S IS / office $»!„„ Bank. may also be surrendered before \ / \ 7th year $145.28 / \ Bth year $159.08 / Have a big Interest In NewZealand