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MONEY RATES.

LONDON. March 2. The Bank of England rate of discount is 2 per cent., to which it was reduced from 21 per cent, on Juno 30, 1932. Discount and short-loan interest rates are quoted as follow:' —Day-to-day loans, 1 per cent.; fine trade bills, three months, 2 to 2j per cent. ; bank bills, three months, 9-16 per cent. ; six months, 9-16 per cent. ; Treasury bills, two months,, I per cent. ; three months, j per cent. NEW YORK. March 2. Call money is quoted unchanged at 1 per cent.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS19380304.2.66

Bibliographic details

Manawatu Standard, Volume LVIII, Issue 81, 4 March 1938, Page 5

Word Count
90

MONEY RATES. Manawatu Standard, Volume LVIII, Issue 81, 4 March 1938, Page 5

MONEY RATES. Manawatu Standard, Volume LVIII, Issue 81, 4 March 1938, Page 5

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