CANADIAN ISSUE
three series of bonds 225,000,000 DOLLARS LOAN (Received October 8. 5.5 p.m.) OTTAWA, Oct. 7 Although the complete details regarding the Canadian refunding loan of 225,000,000 dollars are not to be officially published until Tuesday, when the bonds will become available to investors it is learned on the best authority that the issue is to be divided into three series—two, six and 12 years, to yield 33, 4.20 and 4.35 per cent respectively.
The primary purpose of the loan is to refund 170,000,000 dollars worth of 5i per cent victory bonds due on November 1.
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Bibliographic details
New Zealand Herald, Volume LXX, Issue 21617, 9 October 1933, Page 9
Word Count
97CANADIAN ISSUE New Zealand Herald, Volume LXX, Issue 21617, 9 October 1933, Page 9
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