Internal War Loans Belligerent Countries

More documents

Recommendations

Info

_ and Treasury Certificates of previous war loans for 4}4% Treasury Certificates of this loan. However, such subscribers could only exchange .Bonds and Certificates of previous war loans, to a nominal amount not exceeding twice the amount of their cash subscription to Treasury Certificates of this loan. Those exchanging Bonds and Certificates were obliged to present them not later than May 24, 1917, to a subscription office and received upon request Temporary Certificates. 5% bonds of all previous war loans were exchangeable par for par for Treasury Certificates of this loan. Those exchanging 5% Treasury Certificates of the first war loan received 1.50 marks and on the $% Treasury Certificates of the Second War Loan .50 marks per 100 marks par value. Those exchanging 4j4% Treasury Certificates of the Fourth and Fifth War Loans paid three marks per 100 marks par value. Bonds and Certificates upon presentation for exchange were required to have coupon attached maturing January 2, 1918, and if interest dates were April 1 and October 1, the coupon maturing October 1, 1917. In the latter case the holder received three months' interest at the old coupon rate. The exchange became effective July 1, 19x7. Owners desiring to exchange registered bonds were obliged to so advise the Empire Debt Administration not later than April 20, 1917, and at the time of notification received, without charge, bonds without coupons issued only for this purpose which had to be presented not later than May 24, 1917. Non-interest bearing Treasury Certificates were accepted in payment on or after March 31, 1917, under 5% discount to maturity. Deposit Privilege—Both bonds and certificates of this and previous loans could be deposited by subscribers to this loan at the Securities Department of the Reichsbank, which would collect and forward interest to depositors without charge until October 1, 1919. Such deposits could be withdrawn at any time without restriction. Note—"Unkundbar" can be literally translated "unannounceable." This has been interpreted by the German press to mean that the Government cannot announce any change in terms to take effect before dates mentioned, nor are the bonds or treasury certificates redeemable or convertible before such dates. The prospectus of this loan states that the Government cannot reduce the interest rates on bonds of this loan after October i, 1924, without offering redemption at par. 102
German Empire 5% Bonds and 4^% Treasury Certificates (Seventh War Loan) Dated—5% Bonds April 1, 1918, 4Y2% Treasury Certificates January 1, 1918. Due—Bonds "unkundbar" until October 1, 1924 (see Note P- IO 5)- Treasury Certificates due July 1, 1967, but subject to drawings or at the Government's option to entire redemption as described under Right of Redemption. Period of Subscription—September 19, 1917 to October 18, 1917. Right of Redemption—See Note on "unkundbar" regarding 5% Bonds. Treasury Certificates are redeemable by drawings in series in January and July for payment six months later at no. Drawings begin July, 1918, on which date two drawings will be made instead of one, thereby making Treasury Certificates of this loan redeemable according to the same redemption plan as that of the Treasury Certificates of the Sixth War Loan. Treasury Certificates not drawn for payment are "unkundbar" until July 1, 1927. The Government reserves the right to call the entire outstanding amount of Certificates for redemption at par on or after July 1, 1927. If the Government exercises its right of redemption the holder instead of cash may ask for 4% Treasury Certificates which are redeemable by drawings at 115, in accordance with the redemption plan for the original Treasury Certificates. Not earlier than ten years after the date the original Treasury Certificates may be entirely called for redemption, the Government reserves the right to call the entire outstanding amount of 4% Treasury Certificates for redemption at par, in which case the holder instead of cash may ask for 3j4% Treasury Certificates which are redeemable by drawings at 120 in accordance with the same plan as the previous Treasury Certificates. No further redemption or conversion privilege can be announced by the Government. The Government must announce its intention to entirely redeem any of the above certificates at least six months before the redemption dates and such dates can only be regular interest dates. All Treasury Certificates mature July I, 1967, and all such Certificates as may be outstanding and not drawn for payment shall on that date be paid at no, 115 or 120, according as the Certificates may be either 4^/2%, 4% or 3^%'. The Government will appropriate each year an amount 103
Page 1:
»• Internal War Loans of Bellige
Page 4 and 5:
COPYRIGHT, 1918, BY THE NATIONAL CI
Page 6 and 7:
TABLE OF CONTENTS AUSTRALIA PAGE Fi
Page 9 and 10:
Internal War Loans of Belligerent C
Page 11 and 12:
Powers, have been willing to issue
Page 13 and 14:
Liberty Loan of the United States w
Page 15 and 16:
while the rates in the borrowing co
Page 17 and 18:
granting that the same degree of pa
Page 19 and 20:
individuals through loans at banks,
Page 21 and 22:
obligations, or by helping in the d
Page 23 and 24:
United States of America 15-30 Year
Page 25 and 26:
United States of America 10-25 Year
Page 27 and 28:
United States of America 4M% Gold B
Page 29 and 30:
Dated—January 2, 1918. Due—Janu
Page 31 and 32:
United Kingdom of Great Britain and
Page 33 and 34:
1928, to an amount not exceeding £
Page 35 and 36:
March 2, 1917, under discount at th
Page 37 and 38:
United Kingdom of Great Britain and
Page 39 and 40:
chequer payments, that they have be
Page 41 and 42:
Taxation—No income tax is deducte
Page 43 and 44:
9S-9 2 ) (3) 3^2% amortizable rente
Page 45 and 46:
earned prepaid interest, (3) 3%% am
Page 47 and 48:
were received only for 100 francs o
Page 49 and 50:
Government of the French Republic 5
Page 51 and 52:
Dated—March 14, 1915. Due—March
Page 53 and 54: Russian Government Second Internal
Page 55 and 56: Russian Government 5^2% Short Term
Page 57 and 58: and at other places subsequently de
Page 59 and 60: Taxation—Payment of principal and
Page 61 and 62: Kingdom of Italy 4>4% Mobilization
Page 63 and 64: in part at any time provided one or
Page 65 and 66: The following obligations of the It
Page 67 and 68: Subscriptions were accepted in the
Page 69 and 70: Kingdom of Italy 5% Consolidated Lo
Page 71 and 72: Dated—December i, 1915. Due—Dec
Page 73 and 74: Receiver General at Ottawa or at th
Page 75 and 76: Fiscal Service—Principal and inte
Page 77 and 78: î, 193Î, at 97/4 and accrued inte
Page 79 and 80: Commonwealth of Australia 4^2% War
Page 81 and 82: Commonwealth of Australia 4>4% War
Page 83 and 84: Commonwealth of Australia 4>4% War
Page 85 and 86: Commonwealth of Australia 4>4% and
Page 87 and 88: Dominion of New Zealand 4^% War Loa
Page 89 and 90: Government of India War Loan of 191
Page 91 and 92: Government of India S x /2% War Bon
Page 93 and 94: German Empire 5% Bonds and 5% Treas
Page 95 and 96: part provided part payments amounte
Page 97 and 98: price at the time of payment as fol
Page 99 and 100: of. For example, a subscription for
Page 101 and 102: pie, a subscription for ioo marks w
Page 103: emain unchanged and will be used fo
Page 107 and 108: interest bearing date, accrued inte
Page 109 and 110: nally issued, for the payment of in
Page 111 and 112: Austrian Empire 5>4% Tax Free War L
Page 113 and 114: Austrian Empire SV2% Tax Free War L
Page 115 and 116: Austrian Empire Third 5^2% Tax Free
Page 117 and 118: Austrian Empire SV-2,% Tax Free Amo
Page 119 and 120: Kingdom of Hungary 6% Royal Hungari
Page 121 and 122: Kingdom of Hungary SV2% and Second
Page 123 and 124: Government of Switzerland 5% Federa
Page 125 and 126: Government of Switzerland 4}^% Fede
Page 127 and 128: Dated—July 15, 1916. Due—July 1
Page 129 and 130: Government of Switzerland 4>4% Fede
Page 131 and 132: Holland 5% Voluntary Loan (First Mo
Page 133 and 134: confmission of one-fourth of one pe
Page 135 and 136: cently assessed on account of Gover
Page 137 and 138: amount of 10,000 florins or more fo
Page 139 and 140: to and including April 30, 1917, wi
Page 141 and 142: Miscellaneous Loans Interesting fea
Page 143 and 144: May, 1917, was $1,728,990 and the n
Page 145 and 146: A variation from the above methods
Page 147: Country United States.. M a tt a a
show all

Internal War Loans Belligerent Countries

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?