Internal War Loans Belligerent Countries

Austrian Empire
Third 5^2% Tax Free War Loan
Dated—October i, 1915.
Due—October 1, 1930.
(Third War Loan)
Period of Subscription—October 7, 1915 to November 6, 1915.
Right of Redemption—The government reserves the right to
redeem the loan in whole or in part at any time upon three
months' published notice in the "Wiener Zeitung."
Interest Dates—January 1 and July 1.
Issue Price—93.60.
Form and Denomination—Coupon bonds in denominations of
100, 200, 1,000, 2,000 and 10,000 crowns. Thirty-one
coupons attached to each bond, the first for three months
from October 1, 1915, to January 1, 1916, and the last for
three months maturing October 1, 1930, the intervening
coupons being semi-annual.
Method of Subscription—Subscriptions were received by the
Imperial Postal Savings Office at Vienna and branches,
Government treasuries, tax offices, banks and branches, savings
offices and insurance companies.
Method of Payment—Subscriptions for 200 crowns and less
were payable at time of subscription, 10% of subscriptions
in excess of 200 crowns was payable at time of subscription,
20% December 6, 1915, 20% January 5, 1916, 25% February
5, 1916, and the balance March 6, 1916, with accrued interest.
During the subscription payment period the Austro-Hungarian
Bank and War Loan Offices granted loans at the
current official discount rate secured by collateral, provided
the proceeds were used to purchase bonds of this loan.
Such loans were renewable at one-half per cent below the
current official discount rate until December 31, 1917.
Upon request loans would be made during the subscription
payment period at a fixed 5% discount rate until December
31, 1917. Loans made at other institutions for the
purpose of subscribing to bonds of this issue, could be refinanced
by loans at the Austro-Hungarian Bank or War
Loan Offices at a fixed 5% discount rate until December
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