LOAN CONVERSION
NIGERIAN ISSUE. (British Official Wireless.) (Received 9 a.m.) RUGBY, September 13. Special interest attaches to the announcement of the terms of issm £4,188,000 worth of 3 per cent inscribed stock of the Government of Nigeria. The issue is being made to replace £4.045,573, worth of Southern Nigeria 3J per cent stock, 1930-35. This is the first 3£ per cent loan to be subject to conversion into stock bearing at a small rate of interest; The new loan is to be issued at 97i and to be redeemable in 1955.
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Northern Advocate, 15 September 1934, Page 9
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91LOAN CONVERSION Northern Advocate, 15 September 1934, Page 9
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