CITY LOANS
INVESTORS' DEMAND
(By Telegraph.—Press Association.)
DTJNEDIN, This Day. As evidence of the! demand for Dunedin city debentures, > the Dunedin Drainage Board's renewal'loan of £184,500, which is required; by ■ July 1,- is already filled; BaJd the chairman- of the board's finance • committee.
Applications .for debentures', game from all over the' Dominion, and the issue was at once filled up. For several days the board had refused applications, which, in the aggregate came to many thousands of pounds. . . " ' '. s The rate of interest is _3% per cent.,■ and. the' currency of the loan is 24 years. i<
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Bibliographic details
Evening Post, Volume CXVII, Issue 146, 22 June 1934, Page 6
Word Count
97CITY LOANS Evening Post, Volume CXVII, Issue 146, 22 June 1934, Page 6
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