AUSTRALIAN LOAN
TREASURER ASKING FOR £35,000,000 May 20. . urer, Mr. j. B. Chxßty. announced that tne new war loan ior i35,000,U0U will be opened on June 2. ihe war is costing Australia nearly 1.1 •iujjijO this financial year, only portion of which is being* provided i from taxation. The last Libertv Loan ssful floatled by an Australian Government, no I hoped the new loan would be a worthv successor. The loan would be issued ■at par. Short-term securities would bear interest at per cent, per annum, maturing in 1947. Interest on long-term securities would be 3.1 per cent, and would mature in 1958.
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Bibliographic details
Wanganui Chronicle, Volume 86, Issue 117, 21 May 1942, Page 5
Word Count
103AUSTRALIAN LOAN Wanganui Chronicle, Volume 86, Issue 117, 21 May 1942, Page 5
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