4 PER CENT NOT ENOUGH
NIGERIAN LOAN FAILS. Australian and N.Z. Caole Association. (Received October IS. 7.45 p.ra.) LONDON, October IS. The underwriters received 92 per cent, of the Nigerian loan of .£5,700.000 at 4 per cent., issued at 98. Tlio failure is regarded ns being due to the Stock Exchange resenting the attempting to lower tho rate of interest for gilt.edged securities.
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Bibliographic details
New Zealand Times, Volume L, Issue 11654, 19 October 1923, Page 3
Word Count
634 PER CENT NOT ENOUGH New Zealand Times, Volume L, Issue 11654, 19 October 1923, Page 3
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