DOMESTIC LOAN FOR GERMANY
PROOF OF HIGH STANDING OF CREDIT London, September 8. The “Daily Telegraph’s” diplomatic correspondent understands that Germany will shortly seek to raise a large domestic loan, portions of which will be offered in foreign markets. Whereas the Dawes Loan was issued roughly at 7| to 8 per cent., the new loan will probably be launched at a 6 per cent, basis or under. Indeed, the main reason for the flotation is said to be less the need for the money for public works than a dei’re to show the world how high German credit stands at present, with an eye to commercial potentialities.
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Bibliographic details
Dominion, Volume 19, Issue 296, 10 September 1926, Page 9
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107DOMESTIC LOAN FOR GERMANY Dominion, Volume 19, Issue 296, 10 September 1926, Page 9
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