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Internal War Loans Belligerent Countries

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Government of Switzerland<br />

4>4% Federal Loan of 1916<br />

Dated—February 15, 1916.<br />

Due—February 15, 1921.<br />

(Fourth Mobilization Loan)<br />

Period of Subscription—February 1, 1916 to February 9, 1916.<br />

Interest Dates—February 15 and August 15.<br />

Issue Price—97^2.<br />

Form and Denomination—Coupon bonds in denominations of<br />

100, 500, 1,000 and 5,000 francs. Coupon bonds with an<br />

aggregate par value of not less than 1,000 francs could be<br />

deposited without charge at the Federal Treasury at Berne<br />

in exchange for registered certificates.<br />

Method of Subscription—This loan was underwritten by a<br />

banking syndicate and subscriptions received by practically<br />

all the banking institutions of Switzerland. Subscriptions<br />

subject to reduction in proportion to oversubscription.<br />

Method of Payment—Subscriptions upon allotment were payable<br />

from February 15, 1916 to March 15, 1916, plus accrued<br />

interest.<br />

Fiscal Service—Principal and interest payable in money of<br />

Switzerland at the Federal Treasury at Berne, all Swiss<br />

district post offices and custom houses, the Swiss National<br />

Bank and its branches, all banks wnich were parties to the<br />

underwriting agreement and other banks subsequently designated.<br />

Taxation—Payment of principal and interest exempt from all<br />

taxes, deductions or stamp duties of the Federal Government.<br />

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