AUSTRALIAN LOAN
(Press Assn.-
COMMONWEALTH GOVERNMENT EXPRESSES PLEASURE AT RESULt fu;Pv.
— By Telegraph — Copyright).
(Rec. 11.50 p.m.) Rugby, Dec. 21. Dealings began on th.e Stock Exchange this morning atf3-8 per cent, premium in the Commonwealth of Australia, 31 per cent. loan of £16,647,349, offered for the purjpose of fundihg certain maturing loans. The Australia State's loan, which is Australia's sixth transaction since the autumn of 1932, was a great success. Canberra, DeC. 21. The Prime Minister expressed gratification at the success of the recent conversion loan- of £16,64=7,000 of which the interest yield is £3 16s 9 d compared with £3 17s lld on the former conversion. He said the Commonwealth would save £304, OdO a year in interest and exchange. He added that only £1,784,850 of highp interest loans remained to be converted at a lower rate.
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https://paperspast.natlib.govt.nz/newspapers/RMPOST19331222.2.26
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Rotorua Morning Post, Volume 3, Issue 721, 22 December 1933, Page 5
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138AUSTRALIAN LOAN Rotorua Morning Post, Volume 3, Issue 721, 22 December 1933, Page 5
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