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Internal War Loans Belligerent Countries

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Kingdom of Hungary<br />

SV2% and Second 6% Tax Free Installment<br />

Loan<br />

(Second <strong>War</strong> Loan)<br />

Dated—5>4% Loan June i, 1915. 6% Loan May 1, 1915.<br />

Due—S}ifo Loan no fixed date of maturity. 6% Loan no<br />

fixed date of maturity. Registered bonds held by original<br />

subscribers for five and one-half years without change of<br />

registry are redeemable at the option of the holder between<br />

November 1, 1920, and November 1, 1921.<br />

Period of Subscription—May 12, 1915 to May 26, 1915.<br />

Right of Redemption—5J4% Loan subject to redemption at<br />

par in whole or in part at any time on or after June 1, 1925,<br />

on three months' notice.<br />

6% Loan subject to redemption in whole or in part at<br />

any time on three months' notice.<br />

Interest Dates—5j4% Loan June I and December 1. 6%<br />

Loan May 1 and November 1.<br />

Issue Price—5j4% Loan 90.80 for fully paid allotments, 91.20<br />

for installment allotments.<br />

6% Loan 97^ for fully paid allotments, 98 for installment<br />

allotments.<br />

Form and Denomination—S T A% Loan—coupon bonds in denominations<br />

of 100, 1,000, 5,000 and 10,000 crowns.<br />

6% Loan—coupon bonds in denominations of 50, 100,<br />

1,000, 5,000 and 10,000 crowns. Registered bonds in denominations<br />

of 1,000 crowns and upward. •<br />

Method of Subscription—Subscriptions were received at all<br />

Royal Treasury Offices and tax offices in the Kingdom of<br />

Hungary, at the Hungarian Royal Postal Treasury, the<br />

branch offices of the Royal Postal Department, the departments<br />

of the Treasury, the main office of the Austro-Hungarian<br />

Bank and branches in Bosnia and Herzogovina, at<br />

the National Credit institutions and at many other private<br />

banks and institutions.<br />

Method of Payment—Subscriptions not exceeding 100 crowns<br />

were payable in full. Other subscriptions were payable<br />

in full or by installments as follows: 10% as a pledge<br />

upon application, 25% of the issue price not later than June<br />

119

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