Short Term Security Issue Details By Loan Council
The Loan Council set term and conditions for a new note issue last month. Arrangements were made for the first issue next Monday with notes maturing 13 weeks after subscription acceptance. Notes to be issued daily through banks and brokers at a fluctuating discount rate, opening price around £99 19/6.
MENTIONED IN THIS ARTICLE
Commonwealth
Treasury
Holt
Seasonal Treasury Notes Market Yields Outline
Mr Holt outlined yields for seasonal treasury notes with prices to yield figures. Opening prices for seasonal notes in 1959 to 1961 ranged around £99/5/-, £99/0/6, with yields of about 3 0 8, 3 19, and last March’s issue at £99/1 yielding 3 14 11.
MENTIONED IN THIS ARTICLE
Halt
Treasury
Holt
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