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COST TO THE STATE

NEW. SOUTH WALES LOAN

(United Press Association.—Copyright.) ■■■•'-'■ SYDNEY, Bth February.

Beferring to the recent New South" "Wales loan.: raised in New York, the Premier. (Mr... J.T. Lang)- said: "Thii State has been ; crowded out of London by the roster arrangement, which gave precedence in application -together Dominion borrowers -in that centre. The interest cost to the' Government, including ' redemption/ is'" approximately £5 8s lid per cent.j with a currency; of thirty years, the State having the option to repay in fifteen years. The issue price was 93."

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19270209.2.79

Bibliographic details

Evening Post, Volume CXII, Issue 33, 9 February 1927, Page 9

Word Count
91

COST TO THE STATE Evening Post, Volume CXII, Issue 33, 9 February 1927, Page 9

COST TO THE STATE Evening Post, Volume CXII, Issue 33, 9 February 1927, Page 9