Internal War Loans Belligerent Countries

Government of Switzerland
4>4% Federal Loan of 1917
(Sixth Mobilization Loan)
Dated—June 30, 1917.
Due—June 30, 1932.
Period of Subscription—January 22, 1917 to January 30, 1917.
Right of Redemption—Redeemable at par in whole or in part
at any time upon six months' notice on or after December
Interest Dates—June 30 and December 31.
Issue Price—96.
Form and Denomination—Coupon bonds in denominations
of 100, 500, 1,000 and 5,000 francs. Coupon bonds with an
aggregate par value of not less than 1,000 francs could be
deposited without charge at the Federal Treasury at Berne
in exchange for registered certificates.
Method of Subscription—This loan was underwritten by a
banking syndicate and subscriptions received by practically
all the banking institutions of Switzerland. Subscriptions
subject to reduction in proportion to oversubscription.
Method of Payment—Subscriptions upon allotment were payable
from February 15, 1917, to April 30, 1917, under discount
at the rate of AA% to June 30, 1917.
Holders of the 5% First Mobilization Loan of 1914 for
30,000,000 francs maturing February 26, 1917, could convert
their bonds into this loan by depositing them without the
coupon due February 26, 1917, at any place of subscription
between January 22, 1917 and January 30, 1917 with notice
of intention to convert. Holders upon conversion received
5.55 francs per each 100 francs par value, representing
the difference between 96 and 100 and interest at the
rate of 4)4% from February 26, 1917 to June 30, 1917.
Fiscal Service—Principal and interest payable in money of
Switzerland at the Federal Treasury at Berne, all Swiss
district post offices and custom houses, .the Swiss National
Bank and its branches, all banks which were parties to the
underwriting agreement, and all other banks subsequently
designated.
Taxation—Payment of principal and interest exempt from
all taxes, deductions or stamp duties of the Federal Government.
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