THE MILLION LOAN.
CONDITIONS OF THE NEW ISSUE. (Received Dec 2, 11.55 p.m.) LONDON, Dec. 2. New 2|mland's loun issue is in 4 per cent, bonds, with a seven years' currency, at par, wilb the option of conversion oi ( the stock. WELLINGTON, Dee, 2. The loan agents of the New Zealand Government have floated n loan of one million, to bear interest at 4 pei- cent., the price obtain ed being par- The term of the loan is seven years, with these conditions attached : That at the expiration of two years one-half of the amount is convertible into 3J per cent, stock at 103, and the balance at the expiration of another two years into similar stock at 101,
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19041203.2.21
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, Volume XLVI, Issue 283, 3 December 1904, Page 2
Word count
Tapeke kupu
119THE MILLION LOAN. Taranaki Daily News, Volume XLVI, Issue 283, 3 December 1904, Page 2
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in