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FRENCH TREASURY BILLS

AMOUNT HELD IN BRITAIN. SUFFICIENT TO COVER DEBT. (British Official Wireless.) (United Press Association.) (By Electric Telegraph—Copyright.) RUGBY, April 30. The Chancellor of the Exchequer (Mr Winston Churchill) was asked in the House of Commons whether the Treasury still held, sterling bonds for the full amount of the French debt to Great Britain, and whether, in the absence of ratification by the French Government of the reduced terras, these bonds were still regarded as security for the whole debt. Mr Churchill replied in the affirmative, and «aid the amount of the French Treasury bills held was £720,900,000. The interest' on these bills fell due in varying instalments on the first day of each month.

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https://paperspast.natlib.govt.nz/newspapers/ODT19290502.2.63

Bibliographic details

Otago Daily Times, Issue 20706, 2 May 1929, Page 9

Word Count
117

FRENCH TREASURY BILLS Otago Daily Times, Issue 20706, 2 May 1929, Page 9

FRENCH TREASURY BILLS Otago Daily Times, Issue 20706, 2 May 1929, Page 9