Page 15 Advertisement 3

New Zealand Listener, Volume 20, Issue 510, 1 April 1949, Page 15

DOMINION OF NEw ZEALAND NEW ZEALAND GOVERNMENT CONVERSION LOANS Authorlsed o be ralsed in accordance wich the Provlsions 0f the New Zealand Loans Act, 1932, whereby the interest and principal are 2 direce charge upon the public revenues of the Dominiona ISSUE OF 3% Stock at Par Repayable ISth June, 1961-64 22% Stock at Par Repayable ISth June, 1954-55 In Conversion of 21% Stock maturing ISth June, 1949 21% Stock maturing ISth February, 1949-50 4% Stock maturing ISth May, 1949-52 OFFER Of CONVERSION: INTEREST: Zealand notice that Interest on the securities to be repaid will be The Reserve Bank of New gives calculated uP to and paid on the date fixed for on behalf of the Minister of Finance it is authorised after which interest will cease Interest on to receive applications for the issue of stock in con- reeayevege new securities issued in conversion will be paid version of any or all of the above securities. half-yearly on the ISth June and ISth December, and In accordance with the terms of the Prospectus, the first payment will be that for the half-year ending holders of convertible securities are offered convers- ISch December, 1949, and will be paid on that date: Ion as from ISth June, 1949. APPLICATIONS FOR CONVERSION: Applications may be for the whole or a part of any How SECURITIES MAY BE CONVERTED: holding to which this offer applies; but must be for Holders may convert a multiple of L5 and must be accompanied by any (a) Wholly into 3% stock or wholly into 21% stock: relative documents of ticle such as certificates of stock: title to stock in cases where such certificates have (6) Partly into 3% stock and balance into 21% been issued (c) Partly into 3% stock, partly into 24% stock and COPIES OF PROSPECTUS secure repayment for the balance. and forms of application have been posted to holders: On completion' of the application form ic should be SEGURITIE8 NOT CONVERTED: forwarded direct to the Chief Accountant, Reserve Securities of these Loans not converted will be re" Bank of New Zealand, Wellington; or lodged with at on ISth June, 1949. any Bank; Post Office or Registered Sharebroker: paid par ACT Now List closes 14th April, 1949 Issued bx Authority Reserve Bank of New Zealand. Wellington: