INDIAN LOAN FLOATED
MAINLY FOR RAILWAYS
' British Official Wireless. / (Beceived 21st May, 11 a.m.)
RUGBY, 20th May.
The Government of India loan, which was underwritten yesterday, was offered for subscription to-day, and. lists wero closed early this afternoon. The issue consists of £7,000,000 of G per cent, bonds, .1933-35, and tho price was 09 per cent Tho proceeds-of tho issue will be used mainly to provide funds for . capital expenditure on railways, arul the balance, will be employed ■.for. general purposes. . :. <
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Bibliographic details
Evening Post, Volume CIX, Issue 118, 21 May 1930, Page 11
Word Count
81INDIAN LOAN FLOATED Evening Post, Volume CIX, Issue 118, 21 May 1930, Page 11
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