BELGIUM'S NEW LOAN.
£20,000,000 BEING RAISED. ISSUE IN FOREIGN COUNTRIES. A. and S.Z. BRUSSELS. Oct. 25. The arrangements of the Belgian Government for the stabilisation of the franc include the. issue of a 7 per cent, loan of £20,000,000, repayable in 1956. This Heart is being issued by the Hank of England, the Bank of France, the Federal Reserve Bank of New York, the Reichsbank, Berlin, and also in Japan, Holland, Sweden, Austria and Hungary. BRITAIN TAKES £7,250,000. A PORTION UNDERWRITTEN. Australian and N.Z. Cable Association. (Keen. 9.5 p.m.) LONDON. Oct. 26. Britain's share in the new Belgian loan will be £7,250,000 in 7 per cent, bonds which wll be issued at 94, redeemable in 1936-56. Up to the present £105,000 has been underwritten. On the terms stated, the flat yield would be £7 8s lid per cent. Including the bonus on redemption in 30 years, the return would be £7 Ills Id per' cent.
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Bibliographic details
New Zealand Herald, Volume LXIII, Issue 19469, 27 October 1926, Page 14
Word Count
155BELGIUM'S NEW LOAN. New Zealand Herald, Volume LXIII, Issue 19469, 27 October 1926, Page 14
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