PATRIOTIC LOAN
APPEAL TO CANADIANS
LOW RATE OF INTEREST
OTTAWA, July 29.
Tho Government is planning a 300,000,000 dollars patriotic loan at 3i per cent, upon the return of the Prime Minister, Mr. K. B. Bennett, from London. The plan calls for an appeal to Canadians alpng the samo lines as in the Victory issues during tho' war. Short-term bonds will be issued in small denominations.
The Canadian Government has iobtained a renewal of the 50,000,000-dol-lar loan from the chartered banks of Canada at 3 7-8 per cent. The old loan falls due on August 1. This is said to bo the first time of recent years that the Dominion has beon able to borrow at less than 4 per cent.
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Bibliographic details
Evening Post, Volume CXVI, Issue 26, 31 July 1933, Page 7
Word Count
121PATRIOTIC LOAN Evening Post, Volume CXVI, Issue 26, 31 July 1933, Page 7
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