QUICK RESPONSE
TO THE CONVERSION LOAN OFFER. TWO DAYS’ APPLICATIONS , TOTAL £6,650,000. (By Telegraph—Press Association.) WELLINGTON. This Day. The response to the conversion offer recently made to holders of Government stock and debentures normally maturing on July 15, 1941, November 15, 1941, and March 15, 1943, was referred to by the Minister of Finance. Mr Nash, in an interview last evening. He stated that applications had already been received for conversion of £6,650.000 of these securities. “The quick response made by the holders of nearly one-third of the securities concerned is much appreciated." said Mr Nash, "and clearly indicates a recognition on the part of investors generally of the fairness of the offer made to them. The results achieved in a couple of days augur well for the success of the whole conversion operation involving £21.250.000 of public debt ”
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https://paperspast.natlib.govt.nz/newspapers/WAITA19410520.2.28
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Wairarapa Times-Age, 20 May 1941, Page 4
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139QUICK RESPONSE Wairarapa Times-Age, 20 May 1941, Page 4
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