THIRD LIBERTY LOAN
OPENING ON TUESDAY SUM OF £35,000,000 WANTED. FLOTATION CONDITIONS. (By Telegraph—Press Association.) AUCKLAND, June 1. A war loan of £35,000,000 will be opened next Tuesday. It was to have been announced last week by the Minister of Finance, Mr Nash, in his financial statement, and was to have been opened today, but was deferred because of the death of Mr Coates. To be known as the Third Liberty Loan, this loan is by far the largest opened by the Government as a means of helping to finance the war expenditure. The first Liberty Loan, opened on May 4, 1942, was for £15,000,000, and the second Liberty Loan, floated last October, was for £10,000,000. Subscribers to the new loan will be able to buy either stock or bonds or place their rribney in the loan by way of national war savings accounts. Advance subscriptions are already well in excess of £4.000,000. There will be two issues of stock, one. of 2| per cent repayable on June 15, 1947-49, and the other of 3 per cent repayable on December 15, 1953-56. The minimum subscription for stock will be £lO and the price of issue £lOO per cent. Interest will be paid on all money from date of receipt.
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Wairarapa Times-Age, 2 June 1943, Page 2
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209THIRD LIBERTY LOAN Wairarapa Times-Age, 2 June 1943, Page 2
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