25 AUGUST 1928, Page 25

Financial Notes

NEW GOVERNMENT LOAN.

THE outstanding feature during the past week has been the announcement of the Government's intentions with regard to impending loan maturities to which I referred last week. The amount of bonds maturing on September 1st have been generally estimated in the market at about £35,000,000 and the guess would seem • to have been a pretty accurate one, the new issue consisting of Treasury 5 per cent. Bonds for Preqkely that amount, the bonds being dated 1938-35, the Government having the right to redeem in the earlier year at par. (Continued on page vi.)