INDIAN LOAN UNDERWRITTEN.
(Received May 10, 11.45 a.m.) LONDON, May 9. An Indian loan of £12,000.000 bearing interest at 4 per cent, and maturing 1948-53, has been underwritten. The issue price is £97 10s. The proceeds will be used as capital ' railway expenditure, also to redeem outstanding balance of a £7,000,000 loan at 6 per cent., 1933-45.
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Bibliographic details
Evening Post, Volume CXV, Issue 108, 10 May 1933, Page 3
Word Count
57INDIAN LOAN UNDERWRITTEN. Evening Post, Volume CXV, Issue 108, 10 May 1933, Page 3
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