ARGENTINE’S LOAN RATE
CONVERSION OPERATIONS. (British Official Wireless.) Rec. 5.5 p.m. Rugby. Sept. 12. A scheme for converting a large part of the Argentine’s debt from 5 per cent, to 4% per cent, on all loans was announced and the underwriting took place yesterday. Five Argentine loans are affected, and the holders will be invited to exchange into four and a-halfs on t irms entitling the holders of maturing stock to receive new stock at a price etquivalent to £93 10s. No cash subscriptions will be invited. Nearly £10,000,000 of Argentine Government bonds are involved.
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Taranaki Daily News, 14 September 1934, Page 5
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95ARGENTINE’S LOAN RATE Taranaki Daily News, 14 September 1934, Page 5
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