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Dutch Financiers Float $2,000,000 Loan for Jerusalem Municipality

April 2, 1958
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A Dutch financial group has floated a $2,000,000 loan for the Jerusalem municipality, it was announced here today. Designed to enable the city to carry out local development projects, the six present loan is repayable in 30 years.

It was also reported today that leading Netherlands Catholics and Protestants of various denominations joined Dutch Jews in pressing the current Israel bond sales drive on the occasion of Israel’s tenth anniversary. This is the first time in Holland’s history that such a wide spectrum of Christian support has been mobilized on Israel’s behalf.

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