WAR LOAN
TIiEMENDOVS sirCCESS C( INVERSION OPERATION Anal itnT N.Z Jabto) London, Sept. 30. Tiie, war loan conversion offer closed to-night, the sum of £1.020,000 being converted, leaving £1(55.000 or S tier cent to be redeemed in cash on December 1. WITHDRAWAL OF BAN ON NEW ISSUES BANK OF ENGLAND AS JUDGE Mr. Neville Chamberlain announces the withdrawal of tiie ban on new loan issues, except on behalf of borrowers domiciled outside the Empire or where the proceeds ar e remitted abroad, also -the optional replacement of existing issues by issues involving underwriting or an Invitation for new cash. lie adds that, with a view lo co-ordinating the requirements of borrowers and preventing possible congestion, no trustee or security issue should be made
itliout agreement with the Bank of England regarding tiie amount and dalo of issue.
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Bibliographic details
Feilding Star, Volume 9, Issue 3848, 3 October 1932, Page 7
Word Count
137WAR LOAN Feilding Star, Volume 9, Issue 3848, 3 October 1932, Page 7
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