Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Proposed public bond issue in New York



Download PDFDownload PDF

NO. 142

TREASURER

EMBARGO NOT FOR RELEASE BEFORE 8 AM 11 NOVEMBER

STATEMENT BY TREASURER, THE RT HON PHILLIP LYNCH, M P .

PROPOSED PUBLIC BOND ISSUE IN NEW YORK

The Treasurer, Mr Phillip Lynch, announced today that Australia

had filed a Registration Statement on 10 November with the

Securities and Exchange Commission in Washington relating to

a proposed $US200 million public bond issue in the United States.

The issue is expected to consist of $US100 million of seven year

bonds and $US100 million of twenty year bonds. .

It will be managed by Morgan Stanley and Co Incorporated 5f

New York with an international syndicate of over 130 underwriters.

The proceeds of the issue will form part of the Commonwealth's

borrowing program for the fiscal year ended 30 June 1978.

CANBERRA ACT 11 November 1977