The Archive · 1940

Canadian Government

Raises New Loan

Subscription May be Made By Local Residents The Canadian Government Trade Commissioner has received official cabled advice that a new War Loan is being issued by the Canadian Government and following are the term:

The amount of the Loan is Canadian $300,000,000 in 3 per cent. 12 year bonds, due October 1, 1952, and callable after October 1, 1949.

The issue price will be 98.75 per cent. with accrued interest yielding 3.125 per cent. to maturity. Bearer bonds will be issued in denominations of $100, $500, and $1,000, and fully registered bonds in denominations of $500, $1,000, $5,000, 10,000 and $100,000. The subscriber must make payment in. Canadian or United States dollars and the principal and interest will be payable in Canadian currency. Subscriptions should be cabled to any Canadian chartered bank.

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

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