CONVERSION LOAN
FIRST INSTALMENT TWO
! The first instalment of £4jQOQjQQQ j sterling, due on the conversion. lOfth. negotiated in London last year, itts9 paid according to the agreement, according to a statement made lpi^t night by the Minister of Finance ogjja Hon. W. Nash). The second payrn^t for the year, also £1,000,000 steeling, was to be made before December Sf£ Mr. Nash said that the war had n^£|K; no difference to the agreement &jßJQaa||; ing the payments to be made o)tt Zealand. He explained thStt %c Wj? cline of nearly £1,500,000 in tt3s Jffi|» serve Bank's holding of fit§B«Jß reported last week was caused fejy tip repayment of loans, principalJSrtike |l^t instalment on that negotiated 3giM?3Mfc The loan, originally fi^OOO.QpQ, tw| now approximately £afiiOOOjQQO, jm more than £I^o.oQiW)o*h«alJimiii|^l
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https://paperspast.natlib.govt.nz/newspapers/EP19400708.2.115
Bibliographic details
Evening Post, Volume CXXX, Issue 7, 8 July 1940, Page 9
Word Count
128CONVERSION LOAN Evening Post, Volume CXXX, Issue 7, 8 July 1940, Page 9
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