ON LONDON MARKET
— BRITISH COLUMBIA LOAN FIRST FLOATED SINCE 1914 RUGBY, May 24. The prospectus was published today of a loan for the Government of the province of British Columbia. The amount is £1,500,000. It takes the form of 5 per cent, stock offered at £99. By means of a sinking fund of not less than 1 1-4 per cent, the f stock will be repaid by 1957, the borrower leaving the option of redeeming in whole or in part in or after 1957. The loan is the first raised on the London market on behalf of any Canadian governmental body for several years and the first British Columbia loan since March, 1914. The bulk of the Canadian public financing since the war has been arranged in the United States or Canada. Z-.AT TTirTOT A T-nlr
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https://paperspast.natlib.govt.nz/newspapers/WPRESS19320526.2.49
Bibliographic details
Waipukurau Press, Volume XXVIII, Issue 129, 26 May 1932, Page 8
Word Count
136ON LONDON MARKET Waipukurau Press, Volume XXVIII, Issue 129, 26 May 1932, Page 8
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