COMMONWEALTH LOANS.
TERMS OF CONVERTION. (United Press Association—By Electric Telegraph—Copyright.) SYDNEY, February 3. The Commonwealth Government has announced the terms of conversion of the loan of £10,600,000 which is falling due on March 15. The terms are 6 per cent, at par, with a currency of 7 years. The National Debt Commission wil provide out of sinking fund £1,100,000, leaving £9,500,000 to be provided for. Holders of the 6 per cent, loan of £60,000,000 maturing on December 15 next, will also have an opportunity to convert.
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Bibliographic details
Timaru Herald, Volume CXXV, Issue 18490, 4 February 1930, Page 9
Word Count
86COMMONWEALTH LOANS. Timaru Herald, Volume CXXV, Issue 18490, 4 February 1930, Page 9
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