AMERICA'S FOREIGN LOANS
A FUNDING PROPOSITION. - LONG TERM 5 PER CENT BONDS. (Australian and N.Z. Cable Assn.) Received October li, 5.5 p.m. WASHINGTON, October i 3. Mr Mellon (Secretary of the Treasury) announces that all foreign loans will be funded into long term bonds, bearing 5 per cent interest. The rale determined on is a fair one, approximating the cost of the Liberty Bond Loan bonds turned over to a foreign country.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WT19211015.2.42
Bibliographic details
Waikato Times, Volume 94, Issue 14776, 15 October 1921, Page 5
Word Count
72AMERICA'S FOREIGN LOANS Waikato Times, Volume 94, Issue 14776, 15 October 1921, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Waikato Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.