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A GERMAN LOAN

MINISTER RAISES INTEREST By Cable. —Press Association.—Copyright LONDON, Monday. The Berlin correspondent of the Financial Times says the Minister of Finance, Kerr Koehler, has taken the unusual step of raising the interest on the Reich's loan of £250,000 from 5 to 6 per cent. It is evident that the purchasing pow. ers of the public were over estimated. This has resulted in serious loss. The money market Is surprised, but relieved that the mistake has been publicly admitted.—A. and N.Z.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/SUNAK19270816.2.31

Bibliographic details

Sun (Auckland), Volume I, Issue 124, 16 August 1927, Page 1

Word Count
83

A GERMAN LOAN Sun (Auckland), Volume I, Issue 124, 16 August 1927, Page 1

A GERMAN LOAN Sun (Auckland), Volume I, Issue 124, 16 August 1927, Page 1

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