INDIAN LOAN
(British Official Wireless)
OUTSTANDING BALANCES PAlD Rec. Jnne 15, 5.5 p.m.
" RUGBY, Tuesday. The Secretary for India will repay to-morrow, the earliest possible redemption date, the outstanding balance of £604,600 of India's six per cent. bonds, 1932-33 issue of 1930. The total amount of the issue is £6,000,000, which was reduced to the above figure by, ihdependent operatiori. The outstaiiding balance of £11,213,428 of the Indian 51 per cettt. of i932 . of , which the original aniount was £22,500;000, was repaia last Jaiiuary. The recent issue of Indian sterling stock with £10,000,0(j0 nominal, after allowing fbr this operation iii respect of repayment of these two loans is to b,e reducpd by a very large amount Qf thef outstahding total of Indian debts in Great Britain.
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Bibliographic details
Rotorua Morning Post, Volume 2, Issue 252, 16 June 1932, Page 5
Word Count
126INDIAN LOAN Rotorua Morning Post, Volume 2, Issue 252, 16 June 1932, Page 5
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