Issue raised $300M
PA Wellington The Government raised; just under S3OOM in its sav- [ ings stock issue, which [ closed on December 15. The final count shows that; $293.7M was subscribed by 73,750 applicants. “The number of applications was far greater than we expected, and it will be quite some time — up to two months perhaps — before we have sent out all; the notices of registration,” said the chief accountant of the Reserve Bank (Mr E. V allance).
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Press, 16 January 1979, Page 15
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77Issue raised $300M Press, 16 January 1979, Page 15
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