NATIONAL SAVINGS
BASIS REMAIN UNALTERED A notice appearing in last week's Gazette prescribes the conditions under which the National Savings campaign will be continued for the ensuing twelve months from July 1, 1942, and. fixes the rate of interest for both National Savings accounts and National Savings bonds at 3 per cent per annum. The maturity date of future investments in all accounts, both current and new, is ati 'June 30, 1945, while National Savings bonds will continue to mature five years from date of issue. This means that the whole basis of the campaign which has proved so satisfactory in the past is being continued unaltered. It is understood, however, that as from July 1, a slight adjustment in the selling prices of National Savings bonds will be necessary to provide for the increased. National Security tax imposed during the recent session of Parliament. Whakatane figures still remain at a level highly creditable to the town on a pro rata population basis.
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https://paperspast.natlib.govt.nz/newspapers/BPB19420624.2.10
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Bay of Plenty Beacon, Volume 05, Issue 69, 24 June 1942, Page 4
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163NATIONAL SAVINGS Bay of Plenty Beacon, Volume 05, Issue 69, 24 June 1942, Page 4
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