Internal War Loans Belligerent Countries

Government of Switzerland
5% Federal Loan of 1918
Dated—January 31, 1918.
Due—January 31, 1948.
(Eighth Mobilization Loan)
Period of Subscription—January 7, 1918 to January 16, 1918.
Right of Redemption—Redeemable at par in whole or in part
at any time upon six months' notice on or after January 31,
1928.
Interest Dates—January 31 and July 31.
Issue Price—100.
Form and Denomination—Coupon bonds in denominations of
*IOO, 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 to the extent of 100,000,000 francs with
the option of allotting up to the authorized amount of 150,-
000,000 francs 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 January 31, 1918 to March 31, 1918, plus accrued
interest.
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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