CHEAPER MONEY
NIG KIM A N CONVER SION (British Official Wireless.) Rec. 10 a.m. RUGBY, Special interest attaches to the announcement of the terms of issue ol £■1,188,000 worth of .‘1 per cent inscribed stock of the Government of Nigeria. The issue now being made will replace £2,040,07:i worth of Southern Nigeria 3} per cent stock, 1930-35, which is the first 3J per cent loan to .be subject to conversion into stock ■bearing a smaller rate of interest. The now loan will be issued at £97 10s, and is redeemable in 195 A..
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Bibliographic details
Poverty Bay Herald, Volume LXI, Issue 18503, 15 September 1934, Page 5
Word Count
93CHEAPER MONEY Poverty Bay Herald, Volume LXI, Issue 18503, 15 September 1934, Page 5
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