CONVERSION LOAN
SHORT-TERM ISSUE
NO INFORMATION YET
No definite information as to the *teps which are being taken to convert the £5,000,000; short-term, loan which was raised in. London last year has been received by the Prime Minister (the Bight Hon. G. W. Forbes) from the Minister of Finance (the Hon. W. Downie StewaitJ, who is at present in London!, - ■ A cablegram published yesterday stated that New Zealand would shortly take an opportunity of 'converting bonds issued in 1931 which were costing over 6 per cent. It was the ■ intention'of the Government to convert this loan when a favourable opportunity•' offered, said Mr. Forbes to-day, but so far he had had no information from Mr. Stewart as to whether the • negotiations had been commenced ox not.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19321012.2.77
Bibliographic details
Evening Post, Volume CXIV, Issue 89, 12 October 1932, Page 8
Word Count
126CONVERSION LOAN Evening Post, Volume CXIV, Issue 89, 12 October 1932, Page 8
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