WAR CERTIFICATES

Manawatu Herald, Volume XLIII, Issue 2304, 19 July 1921, Page 3

WAR CERTIFICATES

GOVERNMENT URGES RE-

NEWAL,

AVellington, July 15.

The Post Office war loans certificates, purchased during the early years of the war, will commence to mature next month, and arrangements are being made to enable holders to renew their investments in Government securities at an increased rate of interest. The Post Office will accept the war loan certificates on maturity at their face value for investment in inscribed stock or bearer bonds at 6 per cent, interest, payable half-yearly, with 10 years’ currency to August Ist, 1931. Inscribed stock will be issued in multiples of £lO, with a minimum of £IOO, and bearer bonds for £SO, £IOO, £SOO, or £I,OOO, as may be required, For those holders who desire to invest for a shorter term, or who are prepared to renew their certificates, the Post Office will exchange their present certificates on maturity for investment certificates with a currency of five or 10 years, bearing interest at 5J per cent., compounded annually. Holders who cannot, renew, may, if they wish, arrange by personal application at any postal money order office for the proceeds ot (heir war loan certificates to he placed to their credit with the Post Office Savings Bank. 11 is hoped that holders of Post Office war loan certificates will, in view of the advantageous terms offered, leave as much money in the bands of the Government as possible.