LOAN FOR SYDNEY.
RAISED IN NEW YORK. 21,000,000 BONDS SOLD. United Press Assn. —Elec. Tel. —Copyright. (Received March 21, 10.30 a.m.) NEW YORK, March 20. Mr Blair, manager of the Bank of America has announced that an additional issue of £1,000,000 of Sydney bonds, with 25 years’ currency at 5 per cent interest have been sold on same terms as those previously i-ssued-The Bank of America States the announcement is merely a matter of record as all the bonds have been previously taken up. A New York cable message at the beginning of the month said: ‘‘lt is learned from an excellent source that the contract'for the loan for the city of Sydney has been completed and is being checked. The bonds will bear interest at. 5} per cent. The coupons will be issued at a price that is under- . ■ !o be between 85 and 87.” lay’s cable states the interest is „ cent, not 5} per cent.
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Waikato Times, Volume 107, Issue 17975, 21 March 1930, Page 8
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157LOAN FOR SYDNEY. Waikato Times, Volume 107, Issue 17975, 21 March 1930, Page 8
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