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Internal War Loans Belligerent Countries

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Fiscal Service—Principal and interest payable at Budapest<br />

at the Royal Treasury, at the Post Office Treasury, at the<br />

Tax Department or at any office of the Treasury.<br />

Taxation—Payment of principal and interest free of any tax<br />

or stamp duties.<br />

Collateral Privilege—Bonds of this loan could be pledged<br />

with the Austro-Hungarian Bank and the Hungarian <strong>War</strong><br />

Loan Office for loans at the then existing discount rate for<br />

a period of at least one year. <strong>Loans</strong> secured by acceptable<br />

collateral could be arranged at the Austro-Hungarian Bank<br />

and Hungarian <strong>War</strong> Loan Offices at one-half of one per<br />

cent below the current rate provided the proceeds were<br />

used in payment of subscriptions to this loan.<br />

Deposit Privilege—Bonds upon the request of subscribers<br />

were held for safe keeping free of charge at offices designated<br />

by the Government and at the main office of the<br />

Austro-Hungarian Bank in Budapest, at its branch offices<br />

in Hungary, Bosnia and Herzogovina until June 30, 1916.<br />

118

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