COMMONWEALTH LOAN
QUICKLY OVERSUBSCRIBED LONDON, July 24, (Received July 25, at 0.5 a.m.) The Commonwealth loan was oversubscribed. The cash lists wore open for only five minutes. TERMS OF THE ISSUE CANBERRA, July 24. (Received July 25, at 0.45 a.m.) The terms of the Commonwealth redemption and conversion loan of £13,469.981 comprise a currency of six years at 3 per cent. Tt is expeettd that £36,577 will be saved annually in interest and exchange.
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Bibliographic details
Otago Daily Times, Issue 22632, 25 July 1935, Page 9
Word Count
74COMMONWEALTH LOAN Otago Daily Times, Issue 22632, 25 July 1935, Page 9
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