MONEY DOUBLED IN 19 YEARS, BY AUCKLAND ELECTRIC-POWER BOARD DEBENTURES. Seldom is the public offered an investment possessing such attractive features as the Auckland Electric-Power Board's Debenture issue,' now ojien for subscription. Not only is the security thoroughly gilt-edged, but interest at. the rat of SJ, per cent, per annum is guaranteed for the whole period of the loan—a fact which is making a strong appeal to investors -who recognise that interest rates are in many cases below 54 per cent, and may fall still lower. Money put into these debentures will more than double itself in 19 years. Interest is payable half-yearly, and principal will be returned in cash at par 'in 1945. Make application or get the full prospectus from any farUGb'ot the Bank of iNev.- Zealand.
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Bibliographic details
New Zealand Herald, Volume LX, Issue 18566, 26 November 1923, Page 11
Word Count
129Page 11 Advertisements Column 4 New Zealand Herald, Volume LX, Issue 18566, 26 November 1923, Page 11
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