DEBENTURE ISSUE
AUCKLAND HARBOUR BOARD
Auckland Harbour Board invites public subscription for debentures of £100 and multiples of £100 at 3} per cent., principal and interest being repaid by half-yearly instalments of £3 8s 5d for each £100. This, it is pointed out in the prospectus, is equivalent to an annuity of £6 16s lOd per cent, for 20 years, payments continuing for the full term of 20 years independently of the life of the purchaser or holder. Purchases effected before December 10 will bear interest as from November 11. Provision is made for conversion of existing debentures bearing 4 per cent, or 4| per cent.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19351130.2.121.3
Bibliographic details
Evening Post, Volume CXX, Issue 132, 30 November 1935, Page 12
Word Count
106DEBENTURE ISSUE Evening Post, Volume CXX, Issue 132, 30 November 1935, Page 12
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