Page 2 Advertisement 1

New Zealand Listener, Volume 4, Issue 101, 30 May 1941, Page 2

DOMIniON OF NEW ZEALAND NEW ZEALAND GOVERNMENT CONVERSION LOANS Authorieed t0 be ralsed In accordance with the provisions of the New Zealand Loans Act, 1932, whereby tae Intereet and principal ere 4 direct charge upon the public revenues of the Dominion: 31% Stock with a premium: REPAYABLE 15th September, 1957 /60 Issue of and 3% Stock at Par: REPAYABLE 15th September, 1946/48 Interest payable 15th 8epl: and 15th March In Exchange for 3% Stock 6 Debentures maturing 15th July, 1941- 34% Stock 6 Debentures maturing 15th Nov: , 1941 31% and 4% Stock maturing 15th March, 1943 OFFER OF CONVERSION SECURITIES NoT CONVERTED The Reserve Bank of New Zealand gives notice that on Any stock or debentures subject to the offer contalned behalf of the Minister of Finance ic Is authorised ic In the Prospectus and not converted will be repaid 36 receive applications for the issue of stock in conversion par as indicated hereunder: Of any or all of the securities shown hereunder : Securities to be repald at maturity Securities eligible for Conversion Date of Conversion 3% Stock and Debentures maturing ISth July, 1941 3% stock and debentures maturing ISth July, 1941. ISth July, 1941 Securities to be repaid before maturity 34% stock and debentures maturing ISth Nova, 1941. ISth August, 1941 31% and 4% stock Description of Security Date when repay- maturing ISth March, 1943. ISth Sept , 1941 ment will be made 34% stock and debentures In accordance with the terms of the Prospectus holders maturing on Sth Nova, 1941 ISth August, 1941 of the securities to be repaid are offered conversion of 31% and 4% stock their securities; as from the date fixed for repayment; maturing on ISch March; 1943 ISth Sept_ 1941 Into an equal nominal amount (subject to the offer of a Premium as set out below) of the following securicies namely : APPLICATIONS 34% stock maturing 1957/60 Interest Payable hali-yearly on Applications for conversion may be for the whole Or 3% stock maturing 1946/48 ISch March and ISth September: of any holding to which this offer applies, but must Berfc for a multiple of L5 and must be accompanied by any PREMIUM ON CONVERSION relative documents of title such as debentures Or Holders who convert into the 34% loan maturing certificates of title to stock In cases where such certifx 1957/60 In terms of this prospectus will receive a cates have been issued: premium of E3 per centum on the nominal value of the securities surrendered for conversion. Such premiums will be met the issue of securitles In Somnes Ohe PROSPECTU8 end forms of wpllenttcon may be by 20 Reserve Bank of New Zealand at che the new Loan for amounts L5 or multiples thereof: Dlstrict Treasury Offices 0 Auckland Christchurch or Dunedin : Fractional amounts of L5 will be Paid in cash on the 2t any branch of any Trading Bank in New Zealand or at any Postal respective conversion dates: Money-order Office In the Dominion, a5any of whlch Places compleced aPplicatlons for conversion may be iodged An advertisement authorised by the Reserve Bank of New Zealand; Wellington, ISth May, 1941. THE LIST OF APPLICATIONS IS NOW OPEN AND WILL BE CLOSED ON I 4ch JUNE, 1941