EXTRA EDITION. VICTORY LOAN

Hawera & Normanby Star, Volume LXXVIII, Issue LXXVIII, 13 June 1919, Page 7

EXTRA EDITION. VICTORY LOAN

NEW BRITISH ISSi:;:.<

BY CABLE—PRESS ASSOCIATION •■ « ■rViUGBC (Received June 13, 10.40 <;.m.i LONDON, .linn- S:;. The Victory Loan will cou>i-i >a two issues of unlimited amount. Tiu> first will be a 4 per cent, funding u>;ui, the price being £80, repayable ;u i^ii- in 1960 to 1990 by means of sinking umd. The second will consist of 4 p.er cent. Victory bonds, the price bein^ €?5 tmd redeemable by annual dr&v.r.ig:, commencing on -.September 1, ll'iii). The prospectus does not state the yeriod over which redemption will oxUukT. and the purchaser will thus receive over £4 14s per cent, interest upon his investment, and a bonus of £15 pm- cant. "when the capital is repaid. Payment for both issues will be made in instalments, lasting till January, 1920, and will be purchasable at post, offices. Bonds will be accepted in payment of death duties. Previous war loans exchequer bonds will be accepted in payment for either issue.