of moneys now on deposit with the Post-office Savingsbank. . . '• • ° The Debentures are Government Securities in which Trustees are authorised to invest Trust Funds. Applications will close at' the Treasury .on 6th November, 1915, but the Government reserves the right to close at a prior date or to extend the period at its option. In case of over-subscription, the Government re-• serves the right to decline any application, in whole or in part, as it may determine. Interest will not be .' paid in respect of«any amounts forwarded with applica- . tions which are declined. CONVERSIONS. J Holders of Government Debentures issued under the New Zealand Loans Act and maturing on or before the Ist December, 1916, will have the option of con- - verting into 4-i per cent. 1915 Debentures at par if application is made to the Treasury on or before the 30th November, 1915. The interest'under the new debenture will take effect after the coupon for the then current half-year under the old debenture has been paid. POST-OFFICE SAVINGS-BANK DEPOSITS. ; Persons who now have money deposited iii the Post-office Savings-bank may purchase* 41, per cent. Debentures by means of transfer. They must apply on or before the 6th November, 1915, to the Postmaster in charge at any Postal Money-order Office within the district in which their account is open in order that the requisite transfer may be made. Interest at 44 per cent, under the new debentures will date from the < October 15, 1915. The forms of application and transfer may be obtained at the Post-offices.
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https://paperspast.natlib.govt.nz/periodicals/NZT19151028.2.76.2
Bibliographic details
New Zealand Tablet, 28 October 1915, Page 49
Word Count
255Page 49 Advertisement 2 New Zealand Tablet, 28 October 1915, Page 49
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