SEVENTY-MILLION LOAN
OBJECTIVE IN AUSTRALIA Rec. 6 p.m. Sydney, Jan. 15. A new Commonwealth loan of £70,000,000, under the title "Security Loan,” will be opened on March 12 and will remain open for five week.-; until April 16.
The Prime Minister and Treasurer, Mr. Chifley, says that the proceeds ot the loan will be applied entirely to meeting commitments arising directly from the war, particularly rehabilitation of service men and women. For long-term securities interest will remain at. 31 per cent., and the securities wil| mature in October, 1955-58. Short-term securities offered will mature in three years at 2 per cent.
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Wanganui Chronicle, Volume 90, Issue 13, 16 January 1946, Page 5
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101SEVENTY-MILLION LOAN Wanganui Chronicle, Volume 90, Issue 13, 16 January 1946, Page 5
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