MATURING PUBLIC DEBT
RENEWAL OFFER, TO HOLDERS
Over £1,000,000 of public debt, bearing’ interest at 5J per cent., matured on February 15, and holders of the stock were invited to renew the investment for a further period to September 1,1937 —0 r 5 years months —with interest 5 per cent., payable on March 1 and September 1. The Treasury circular stated that applications for. reinvestment with continuity. of interest at 5 per cent, from the date of maturity would be accepted up to April 15. No reason was given for proposing the irregular period for the new stock, or for the alteration of the interest dates, which were previously August 15 and February 15. It is understood that the Treasury has had to find a consideiaible amount of cash to redeem stock presented for repayment on the, due date.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HOG19320301.2.18
Bibliographic details
Ngā taipitopito pukapuka
Hokitika Guardian, 1 March 1932, Page 3
Word count
Tapeke kupu
139MATURING PUBLIC DEBT Hokitika Guardian, 1 March 1932, Page 3
Using this item
Te whakamahi i tēnei tūemi
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in