English Translation

In a number of cases, only a partial allocation could be made, because it is well known that in addition to the conversion, the exceptional debt redemption provided for in the extraordinary plan l942 was accompanied. After the negotiations with our creditors were concluded, Mr Primator decided on the allocation on 12 June 1942. If the rate of 4 3/8 % is used as the future standard rate for commercial bonds - as provided for in the Government's draft as the maximum - and minimum rate - then this issue will result in an interest rate saving for the city of · · · * · · ■ · ·· · · 93.750.000.-- K. Taking into account the fact that dic convertible bonds were interest-bearing in the past, whereas the conversion bond is subsequently interest-rated, dor economic success increases by much more. : . · · · . 6.655,000.- K to a total of . · . . . As important as these savings, however, I would like to value the consolidation of the city's debt. Wcitau's vast majority of all outstanding liabilities are now stabilized both in the interest rate level and in the repayment. However, it is not only possible sources of danger for the future, but also new possibilities for 11504