Internal War Loans Belligerent Countries

United Kingdom of Great Britain and Ireland
War Loan Issued in Two Classes, 4%
1929-1942 and 5% 1929-1947
Dated—February 16, 1917.
(Third War Loan)
Due—5% Loan June 1, 1947; 4% Loan October 15, 1942.
Period of Subscription—January 11, 1917 to February 16,
1917.
Right of Redemption—5% Loan redeemable on or after June
1, 1929, and 4% Loan on or after October 15, 1929, at par
and accrued interest on three calendar months' notice in the
London Gazette.
Interest Dates—5% Loan June 1 and December 1; 4% Loan
April 15 and October 15.
Issue Price—5% Loan 95 ; 4% Loan 100.
Form and Denomination—Coupon bonds in denominations of
£50, £100, £200, £500, .£1,000 and £5,000 and Inscribed
Stock. Issued either as fully paid allotments or installment
allotments. Fully paid allotments issued in three forms
(1) "Certificate of Inscription" of stock transferable in the
Stock Transfer Books, (2) "Register Certificate" of stock
transferable by deed and (3) "Bond Certificate(s)" exchangeable
in due course for bond(s) to bearer. Installment
allotments issued in the form of "Allotment Letters"
which might either be retained until fully paid or exchanged
for scrip certificates to bearer. Stock is transferable in any
sums which are multiples of a penny. Stock exchangeable
for bonds to bearer at any time by means of transfer ; bonds
to bearer exchangeable for stock without charge. Powers
of Attorney for the transfer of inscribed stock and deeds
for the transfer of registered stock are free of Stamp Duty.
Method of Subscription—Subscriptions received at the Bank
of England either direct or through the medium of any
banker or stockbroker in the United Kingdom.
Method of Payment—Installment allotments: 5% on application,
15% March 2, 1917, 15% March 23, 1917 for the 5%
loan and 20% for the 4% loan, 20% April 18, 1917, 20%
May 9, 1917, and 20% May 30, 1917, without accrued interest.
Installment allotments could be paid in full on or after
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