The following month ?0, 000 worth of mortgage debenture bonds were released to the same ends.
2.
It was for ? million six-year 6.5 % First Mortgage Debenture Stock and in the event, though competitively priced, 96 % was left with the underwriters, The Sun Insurance Office.
3.
It was owned and worked by a company under a guarantee from the Hyderabad State, and the same company works the metre-gauge line, capital for which was raised by the issue of redeemable mortgage debentures.
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