BRITISH LOAN
EXTENSION FOR CASH SUBSCRIPTIONS LONDON, Thursday. A statement was made in the House of commons by tho Chancellor of the Lxehequer, Mr. Philip Snowden, that no part ot the 4i per cent, cash and conversion loan would be privately underwritten. The response to the invitation for cash subscriptions had been so satisfactory that the list was closed this afternoon, but the conversion offer will remain open for a few days. The new 4t- per cent, stock was offered to cash subscribers at 95 on terms giving an effective yield of’ £4 18s 7d per cent., presuming redemption in 14 years.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/SUNAK19300301.2.141.6
Bibliographic details
Sun (Auckland), Volume III, Issue 910, 1 March 1930, Page 11
Word Count
102BRITISH LOAN Sun (Auckland), Volume III, Issue 910, 1 March 1930, Page 11
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