The Archive · 1938

French Treasury Bills Taken in Holland

Netherlands Bank Gives 100,000,000 Guilder Loan — Amsterdam, Nov. 1l

French treasury bills to the value of 100,000,000. guilders have been taken over by the Nederlandsche Handels Maatschappije and the Amsterdam banking house of Mendelssohn & Company, states an announcement just made here.

This transaction is said to have taken place with the knowledge but without the ce-operation of the "Nederlandsche Bank. These treasury bills have a duration of three months and.can be renewed by the - French Government four times, namely for three further periods of three months each. The bills are made out in guilders but the repayment can be demanded either in guilders or in gold at the option of the holder.

Text read from the printed page and cleaned; old type leaves the occasional error.

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