SOUTH AFRICAN LOANS
The Standard Bank, of South Africa review refers to Union Government financial operations pending, which are likely to be of considerable magnitude. Natal 3i per cent. 1914-39 loan of £3 611 000 was recently repaid in London, the Natal 3i per cent. 1934-44 loan of £6,208,900 is to be repaid on February 1, 1936, and notice has been given of the redemption in July next of £16,700,000 Union 3£ per cent, stock. - ■: To assist in providing for these transactions it is announced that the Government is contemplating raising next year an open loan.of £10,0uo;000, the issue of which r will', afford an opportunity for. the. employment of a substantial proportion of the' funds at present lying idle .within the Union awaiting investment. '• ■ '■
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https://paperspast.natlib.govt.nz/newspapers/EP19351227.2.109.6
Bibliographic details
Evening Post, Volume CXX, Issue 154, 27 December 1935, Page 10
Word Count
125SOUTH AFRICAN LOANS Evening Post, Volume CXX, Issue 154, 27 December 1935, Page 10
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