LOAN BY FRANCE.
FIVE-YEAR PERIOD. PARIS, Nov. 30. The Treasury on December 1 is issuing 1,475,000,000 francs of 5 per cent. Treasury bonds, redeemable in five years. SUCCESS ASSURED. OPINION IN LONDON. LONDON, Nov. 30. The Financial News says the French Government is already assured of placing the bonds. It is believed the proceeds will be sufficient to cover commitments until January. Besides, it will serve as a warning to Parliament. The alternative was to raise another sterling credit in London. The Bank of France return, which was published to-day, shows a loss of gold for the week ended November 24 of £17,500,000. Financial authorities say it is foreign capital invested in Paris during the past six or seven years which is being withdrawn.
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Bibliographic details
Manawatu Standard, Volume LIII, Issue 313, 1 December 1933, Page 7
Word Count
124LOAN BY FRANCE. Manawatu Standard, Volume LIII, Issue 313, 1 December 1933, Page 7
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