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HomeMy WebLinkAboutZurich Herald, 1931-05-14, Page 11Supplement Peg ZURICH HERALD r v v rii l a.` 1. i e• ra AN OPPORTUNITY TO HOLDERS. O1' EARLY MATURING CANADIAN OVE x',14MENT l, N S TO EXTEND THE TERM OF THEIR INVESTMENT IN' THE PREMIER SECURITY IN CANADA GOVERNMENT OF THE DNMJNIO FCA 1931 CONVERSI ADA N LOAN Thursday, May 4'tl , 1933', The Minister of Finance of the Dominion of Canada offers to holders of the undernoted Dominion issues the privilege of exchanging their bonds into longer dated issues, in the following terms and wider the following conditions: This offer affords to holders of bonds eligible for conversion, the same interest payment and tax-free privileges, for the life • of and as contained in the present bonds, and the opportunity of extending the term of the investment at 43i% per annum. WAR LOAN S% BONDS MATURING lst OCTO- BER, 1931—Holders of these bonds have the privilege of exchanging into bonds maturing 1st November, 1956, bearing interest from 1st April, 1931. The first coupon will be for six months' tax-free interest at the rate of 5% per annum pay- able 1st October, 1931; the second coupon will be for seven months' interest at the rate of 4X% o per annum payable 1st May, 1932; thereafter to maturity interest will be payable half -yearly at 4 X % per annum. RENEWAL LOAN 5 z, % BONDS MATURING 1st NOVEMBER, 1932—Holders of these bonds. have the privilege of exchanging into bonds ma- turing 1st November, 1957, bearing. Z % interest payable half -yearly from lst May, 1931. There will also be attached to these bonds three adjustment -coupons payable respectively on 1st November, 1931, and 1st May and November, 1932, for additional interest at. the rate of 1% per annum.. VICTORY LOAN 5 34% BONDS MATURING 1st NOVEMBER, 1933—Holders of these bonds have the privilege of exchanging into bonds maturing 1st November, 1958, bearing 434 % interest payable half -yearly from 1st May, 1931. The first five interest coupons, being those to and including 1st November, 1933, will be tax-free. There will also be attached to these bonds five tax-free adjustment -coupons payable respectively on 1st November., 19314, and 1st May and Novem- ber, 1932 and 1933, for additional interest at the• rate of 1%b per annum. VICTORY LOAN 5 /% BONDS MATURING 1st • NOVEMBER, 1934—Holders of these bonds have the privilege of exchanging into bonds maturing 1st November, 1959, bearing 4 X % interest pay- able half -yearly from 1st May, 1931. There will also be attached to these bonds seven adjustment -cou- pons payable respectively on 1st November, 1931, and 1st May and November, 1932, 1933 and 1934,, for additional interest at the rate of 1% per annum,. Conversion applications in the terms of the foregoing are invited to a total of $250,000,000, The Minister of Finance reserves, however, the righi to increase or decrease this amount at his discretion. Subscriptions will be .received and receipts issued by any branch in Canada of any Chartered Bank and by recognized Canadian Bond Dealers and Stock Brokers, from whom may be obtained application forms and copies of the official prpspectus containing complete details of the loan. Appli- cations will not be valid on firms other than those printed by the King's .Printer: The subscription lists to the foregoing will open on 11th May, 1931, and will close on or before 23rd .May, 1934 at the discretion of the Minister Of Finance. 1.) PARTMEN FINANCE, Ottawa, 11th May, 1931. "Wv;N+ IR^•.. 'Yp"1': .l .,,' i ' 1".,":6110t,: J,Ae:1141,ry.7.31Y't', r•a "Y aj