NEW ZEALAND LOANS
BORROWING POLICY NOT AFFECTED STATEMENT 3Y PRIME MINISTER l*rents Association WELLINGTON. To-day. The position regarding New Zealand loans maturing during the next few years was briefly stated by Sir Joseph Ward to-day. ITe said a statement had been published commenting on the effects of New Zealand's maturing loans on the The amount ol* loans maturing had been quoted at .£80,000,000. and that statement might convey, the impression that a debt to that amount liad to be renewed on the London market. As a matter of fact, apart from the maturity of £29.000,000 in 1929-30, a considerable portion of which had already been disposed of, there are no London loans falling due in London in 1930-31 or 1931-32. Loans maturing in those years are held locally and will not affect oilioverseas borrowing policy.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/SUNAK19290126.2.20
Bibliographic details
Sun (Auckland), Volume II, Issue 572, 26 January 1929, Page 1
Word Count
135NEW ZEALAND LOANS Sun (Auckland), Volume II, Issue 572, 26 January 1929, Page 1
Using This Item
Stuff Ltd is the copyright owner for the Sun (Auckland). You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in