OVERSUBSCRIBED
INTERNATIONAL LOAN
DIFFERENTIAL RATES
(Received August 11, 9 a.m.) LONDON, August 10. The Austrian loan was oversubscribed. Tho lists which opened simultaneously in London, Paris, and Eome, £4,500,000 being issued in each capital, closed a minute after the opening. The financial editor of the "Daily says the city has learned with amazement that the French pbrtion of the new Austrian loan, for the same amount as the British portion, is being floated on a basis of 5J per cent, at 93. Borne is offering the loan on even more generous terins—9li. Thus, while British investors receive a
meagre return of £3 2s 6d, French and Italian investors > are demanding 6 per cent.-, despite the fact that the issue has their Governments' full guarantee.
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Bibliographic details
Evening Post, Volume CXVI, Issue 36, 11 August 1933, Page 7
Word Count
124OVERSUBSCRIBED Evening Post, Volume CXVI, Issue 36, 11 August 1933, Page 7
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