However if the premium bond proves to be successful,
the question of investing the Exchange Fund assets
may not arise.
I am sending a copy of this letter and draft
to Hicks, who will perhaps
Ale
any objection
Bay adday
une
whether he
Erdinance
the two
16 the Yars sincerely,
making provision for floating
floating the
(a
dufferent types of loan ( a tip mine
and
a premium band cosine). If there
any objection,
and it might from
sime port of metapler
presum debly
offshore were
presumably
Two separate
with
Ordmances would be enacted
both the limitin
to a max cmuar
Contam
purrso
watch the
Fotal
issured
of $100 millions, but each Orcmance to
under
that the
both Ordenances
milhar
shall not exceed $150 in all.
Yours - snury,
↓