LOAN FOR GERMANY
LARGE SUM TO BE RAISED. PORTION ON FOREIGN MARKETS OBJECT LESSON FOR THE WORLD. (Received Sept. 9, 11.30 a.m.) i. LONDON, Sept. S. The Daily Telegraph’s diplomatic correspondent understands that Germany will shortly seek to raise a large domestic loan, portions of which will be offered In foreign markets. Whereas the Dawes loan was issued at roughly 7J to 8 per cent, the new loan will probably bo launched bn a basis of 6 per cent, or under; indeed, tho main reason for the flotation is said to be less the need for money for public works than a desire to show the world how high German credit stands at present, with an eye on commercial potentialities.
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Bibliographic details
Waikato Times, Volume 101, Issue 16896, 9 September 1926, Page 7
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120LOAN FOR GERMANY Waikato Times, Volume 101, Issue 16896, 9 September 1926, Page 7
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