THE NEW SOUTH WALES LOAN
(special to united press association.)
London, July 16. The New South Wales loan of £5,000,000 has been covered threefold at an average of £95 6s to £95 7s. A syndicate tendered for two-thirds of the amount at £95 5s 3d. About 1500 tenders were received for the New South Wales loan, covering seventeen millions. One syndicate tendered for £5,370,000 at £95 7s 64. Tenders at the latter price will receive 38 per cent. London, July 17. The average of the New South Wales loan was £95 8s 3d. The price of the loan to-day is quoted at £95 12s 6d.
(REUTER’S TELEGRAMS.)
London, July 16. The total tenders for the New South Wales five and half million loan amounted to seventeen and a half millions.
London, July 16. The tenders for the New South Wales loan of £5,500,000, bearing interest at 3| per cent, at a minimum of £94 were opened to-day. The total amount offered was found to exceed £17,000,000. Tenders at £95 7s 6d will receive 38 per cent, while those above that price will be allotted in full. ‘
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Bibliographic details
New Zealand Mail, Issue 751, 23 July 1886, Page 25
Word Count
186THE NEW SOUTH WALES LOAN New Zealand Mail, Issue 751, 23 July 1886, Page 25
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