FEDERAL WAR LOANS
MELBOURNE, July 22. Dr. Earle Page announced terms for the conversion of the 4i per cent, war loans, which fall due in December. The rate of interest is to be 5J per cent. The loans will be issued at par for a period of six, elecen, or sixteen years, at the subscriber’s option. Though new money will be accepted, the Treasurer is sanguine that most of the present holders will convert their stock or bonds into the new loan. The total amount of the maturing loan to be covered is £67,000,000 sterling.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WC19250723.2.82
Bibliographic details
Wanganui Chronicle, Volume LXXXII, Issue 19365, 23 July 1925, Page 11
Word Count
95FEDERAL WAR LOANS Wanganui Chronicle, Volume LXXXII, Issue 19365, 23 July 1925, Page 11
Using This Item
NZME is the copyright owner for the Wanganui Chronicle. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in