CHEAP BOND ISSUE
! UNITED STATES’ CONVERSION NEW LOW INTEREST LEVEL (lulled Press Asn.— Elec. Tel Copyright) WASHINGTON, Sept. 25 The United States Secretary tc the
Treasury. Mr H. M. Morgenthau, announced that the Treasury will offer the cheapest bond issue in the nation's history to holders of 737,000.000 dols. of 1 i per cent Treasury notes, maturing on December 15. The new bonds would bear 2 per cent interest and mature in from 12} to 14} years. Mr Movgentnau said 2 per cent | bonds had been issued previously, ; |but neve; for such a lone maturity
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Waikato Times, Volume 127, Issue 21228, 26 September 1940, Page 10
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95CHEAP BOND ISSUE Waikato Times, Volume 127, Issue 21228, 26 September 1940, Page 10
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