LOAN FOR AUSTRIA
INTERNATIONALLY GUARANTEED. . RISK MUCH REDUCED. (Press Association. —Copyright.) (Received 12.10 p.m.) London, December 10. Replying to a Parliamentary question, the Financial Secretary to the Treasury, Mr. L. Hore-Belisha, after stating that negotiations for the raising of an internationally guaranteed conversion loan for Austria had the full approval of the British Government, added that the guarantee given by the British Government, viz., 24| per cent, of all the issues, the same as that given the old loan which is being converted and in view of the reduction of Austria's burden, it was evident that the risk of the guarantee becoming operative would be very greatly reduced.
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Bibliographic details
King Country Chronicle, Volume XXVIII, Issue 4634, 11 December 1934, Page 5
Word Count
108LOAN FOR AUSTRIA King Country Chronicle, Volume XXVIII, Issue 4634, 11 December 1934, Page 5
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