THIRD LIBERTY LOAN
£35,000,000 Wanted For War Purposes TWO ISSUES OF STOCK (P.A.) AUCKLAND. June 1. A war loan of £35,000,000 will be opened next Tuesday. It was to have been announced last week by the Minister of Finance (the Hon. W. Nash) in the Financial Statement, and was to have been opened to-day; but it was deferred because of the death of the Rt. Hon. J. G. Coates. To be known as the third Liberty Joan, this loan is by far the largest opened by the Government as a means of helping to finance war expenditure. The first Liberty loan, opened on May 4, 1242, was for £15,000.000, and the second Liberty loan, floated last October, was for £10,000,000. Subscribers to the new loan will be able to buy either stock or bonds, or place their money in the loan by way of national war savings accounts. Advance subscriptions are already we'l in excess of £4,000,000. There will be two issues of stock, one of 2J per cent, repayable on June 15, 1947-49; and the other of 3 per cent., repayable on December 15, 1953-56. The minimum subscription for stock will be £lO, and the price of issue £IOO per cent. Interest will be paid on all money from the date of receipt. _____________
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Press, Volume LXXIX, Issue 23963, 2 June 1943, Page 2
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214THIRD LIBERTY LOAN Press, Volume LXXIX, Issue 23963, 2 June 1943, Page 2
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