Govt stock offered
NZPA London The New Zealand Government said it will issue £lOO million nominal of stock dated 2008 through a public offering on a yield basis. The stock will be issued partly paid, with 30 per cent payable on application and the balance on September 15, 1983. The stock will be available in registered and bearer form, with interest payable half-yearly in arrears.
The yield to be set tomorrow, will be 1.3 per cent above the gross redemption yield on the U.K. 13.5 per cent treasury stock dated August, 2004 at that time. The application list will open on Thursday (northern) and will close later the same day.
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Press, 27 April 1983, Page 34
Word Count
110Govt stock offered Press, 27 April 1983, Page 34
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