GERMAN DEBTS
(Press. Assn.—
international moratorium on short-term notes interest rate reduced
-By Telegraph— Copyright).
Rec. April 11, 7.0 p.m. BERLIN, Monday.; A Times message states that England, Sweden, Denmark and Holland have concluded a second "stand still" agreement, covering short-term notes extended to Germany, amounting to 247,000,000 marks. This provides for a moratorium until Mareh 1E>, 1933, subject to the immediate payment of 10 per cent. of the debt, the halance bearing six per cent interest compared with the nine per cent. payable under the expiring "stand still" agreement. i
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Bibliographic details
Rotorua Morning Post, Volume 1, Issue 196, 12 April 1932, Page 5
Word Count
91GERMAN DEBTS Rotorua Morning Post, Volume 1, Issue 196, 12 April 1932, Page 5
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