BRITISH TREASURY BONDS
NEW TWO PER CENT. ISSUE. London, Oct. 11. Converters of 4} per cent bonds to the new two per cent Treasury bonds will receive a 10/- per cent, cash bonus. The “Daily Telegraph” says: “It is believed that most of the maturing 4} per cent bonds are held by public departments. The limitation of the issue to £150,000,000 will raise conjectures as regards the means the Government will employ to redeem the £165,000,000 worth of unconverted war five per cents ou December 1. The new two per cent bonds will provide a new standard of British credit.” Gilt-edgeds became buoyant on the appearance of the prospectus.
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Bibliographic details
Hawke's Bay Tribune, Volume XXII, Issue 256, 12 October 1932, Page 8
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109BRITISH TREASURY BONDS Hawke's Bay Tribune, Volume XXII, Issue 256, 12 October 1932, Page 8
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