COMMONWEALTH LOAN
NEW ISSUE OF £15,000,000
(Eeceived November 15, 10 a-m.) CANBEBEA, This* Day. A new Commonwealth loan of £15,000,000 opens for, subscription on November 20 and will close not later than December 3, The amount of £12,250,000 will be used for public works and for relief and assistance to rural industries. The balance >af £2,750,000 will bo used for the redemption of Treasury bills. Tho nominal rate of interest will bo 3 per cent. The issue price will be £99' 15s per £100. Tho loan will bo for a currency of fourteen years.
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https://paperspast.natlib.govt.nz/newspapers/EP19341115.2.96
Bibliographic details
Evening Post, Volume CXVIII, Issue 118, 15 November 1934, Page 13
Word Count
94COMMONWEALTH LOAN Evening Post, Volume CXVIII, Issue 118, 15 November 1934, Page 13
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