HUGE PROGRAMME.
AMERICA'S FINANCES. INTERNAL BORROWI'NG SCHEME, Tlll-J MOUNTING PUBLIC DEBT. United Press Assn—Exec. Tel. Copyingm. ‘ WASHINGTON. May 31. The [lulled Slntes Treasury 10-day announced a huge financing programme, partly 10 meet cash needs, particularly the payment of the war veterans‘ bonus. and pm‘lly in reilnnnrr‘ nmlln'im: ohligniinnx .\ total of 2.030.000,000 rlullzirs‘ \\m‘ili ui~ secur—ilins will 1w nfl‘rrr‘cl In the puhliu: :1! unrurermlonlwlly lnw min-s ui‘ interest will: Hm subsrription of ihe offering the publir llrlui \\‘ill rrach the new high low] of 32,751|.0(10.000 dollars. Fm- 1,01)0,00I),HOU (iuiiars in cash requirml, 600,000,001) 15 to 18 years‘ hands a! 2? per rent. will be offered. and 400,000,001) rive—year Treasury notes ln‘m'ing 1 3—K per cent. lnleresl. l-‘nr 1,050,000.000 doiiars’ worth of securities mnlurlng on June 15 and August 1, new issues at approxllnatelxtho same rates of lnlorest will be or: fared.
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Waikato Times, Volume 119, Issue 19901, 2 June 1936, Page 7
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140HUGE PROGRAMME. Waikato Times, Volume 119, Issue 19901, 2 June 1936, Page 7
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