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CONVERSION OF BONDS

, 556 MILLIONS WORTH AUSTRALIAN REHABILITATION IB - Telegraph—Press Avociation—Copy right.) Received Aug. 10, 9.20 p.m. SYDNEY’, Aug. 10. The national conversion loan operation opened to-day under auspicious circumstances. Treasury and bank officials were inundated with applications for conversion of existing bonds aggregating £556,000,000 into the new’ lower rate of interest stock in accordance with the rehabilitation plan. An intensive campaign will be carried out during the next three weeks to bring about the desired result.

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https://paperspast.natlib.govt.nz/newspapers/WC19310811.2.77

Bibliographic details

Wanganui Chronicle, Volume 74, Issue 188, 11 August 1931, Page 7

Word Count
77

CONVERSION OF BONDS Wanganui Chronicle, Volume 74, Issue 188, 11 August 1931, Page 7

CONVERSION OF BONDS Wanganui Chronicle, Volume 74, Issue 188, 11 August 1931, Page 7