£100,000,000 OFFERED
AUSTRALIAN CONVERSION CASH SUBSCRIPTIONS (Received Sept. 26, 11 a.m.) LONDON, Sept. 26. The Australian Press Association understands that cash applications for the. Commonwealth loan, offered on September 12, are in the neighborhood of £100,000,000, although the lists were only open for 80 minutes. The loan was ottered at 5| per cent, at £9B for 20 years, with the option to the Government to repay after 15 years. ‘The yield to the, investor, allowing for redemption after 20 years, is £t> 17s lid per cent. The operation covers the £15,000,000 Commonwealth 6 per cent, loan, the £4,901,000 New South Wales per cent., and the £1,050,000 Western Australian per cent.
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Bibliographic details
Poverty Bay Herald, Volume LX, Issue 18203, 26 September 1933, Page 5
Word Count
110£100,000,000 OFFERED Poverty Bay Herald, Volume LX, Issue 18203, 26 September 1933, Page 5
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