Crown rates raised
Crown Finance N.Z., Ltd., has made significent increases in short-term inter- , est rates for its $500,000 debenture issue which opened, ion November 1. The issue. ) which the company reserves , the right to accept $500,000 j in oversubscriptions, is guar- , anteed by Newton King, Ltd. ' The new rates (old rates , in brackets) are: on call, 6 per cent (6.0); 30 days, 8 per , cent (7.0); 6 months, 10 per i cent (8.5); 90 days, 9 per cent (7.5); 180 davs, 9.5 per cent (8.0); 270 days, 10 per ' cent (8.5); one year 10.5 per cent (9.5); 2 years, 10.5 per t cent (10.0), 3 years, 11.5 per. cent (10.5); 4 years, 12 per ; cent (11.0); and 5 years, 12.5 L
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Press, 8 December 1976, Page 29
Word Count
122Crown rates raised Press, 8 December 1976, Page 29
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