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Thursday, 26 June 1941


Senator McBRIDE - The Treasurer has supplied the following answers: -

1.   As the loan has not yet closed, information as to total cost is not available. The issue of the conversion offer at a discount was made, with the approval of the Loan Council, on the advice of the High Commissioner after full consideration of market conditions.

2.   Commonwealth- Bank of Australia. The extent of the British Government's assistance will not be known until after the loan has closed.

3.   Final figures arenotyet available.







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