INTEREST REDUCTION
NEW ZEALAND STOCK
A LONDON COMPLAINT
(Received. May 25, 11.30 a.m.) LONDON, May ZL The " Daily Mail V city editor say.i^. "English investors in local Neir Zea-j land loans are awkwardly placed owing to New Zealand's deduction, of 20.peej cent, from interest coupons over 4$ per cent. This is applicable) if any interest is paid prior to January 1. Apt parently bonds on which interest is pai<l in New Zealand have been sold to Loudon buyers who were unaware of the*, above disability. Stockbrokers are asking the High Commissioner (Sir Thomas Wilford) to- obtain, a ruling hoping that tho justice of their claim I will bo recognised. They also dcsir» an assurance that the bonds will be redeemable at sterliug and not in. NewZealand currency." ,
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Bibliographic details
Evening Post, Volume CXV, Issue 121, 25 May 1933, Page 11
Word Count
127INTEREST REDUCTION Evening Post, Volume CXV, Issue 121, 25 May 1933, Page 11
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