Internal War Loans Belligerent Countries

United Kingdom of Great Britain and Ireland
War Savings Certificates
Dated—From date of sale.
Due—Five years after date of sale.
Period of Subscription—Offered continuously since February,
1916.
Right of Redemption—Certificates may be cashed at any post
office upon application at cost price (15s. 6d) at any time
within one year after date of purchase. At the end of
twelve months, certificates may be cashed for 15s. gd.
Thereafter the cash value increases one penny per month.
Interest—Compounded annually from date of purchase at
5.23% per annum and paid at the end of five years when the
sum received includes both the original investment and the
compound interest.
Issue Price—15s. 6d. (77.50%) per £1 certificate.
Form and Denomination—Issued in certificates of £1 maturity
value or a single document may he obtained representing
one, twelve or twenty-five certificates at any bank
or post office. Documents representing from twenty-six
to five hundred certificates, both inclusive, issued upon
application to the Comptroller and Accountant General of
the Post Office. Each certificate has a number and is
registered at the money order department either direct or
through local post offices where the signature of the owner
is held.
Method of Subscription—Certificates can be purchased at
banks, post offices, War Savings Associations and some
borough treasuries.
Method of Payment—Payable in cash or with six penny
postage stamps which can be accumulated on cards known
as War Savings cards obtainable at any post office.
Fiscal Service—Payable at any money order office at any
time upon application except in case of a child under seven
years of age, in which case the certificates must be held
until that age is attained. If at maturity the child is still
under seven, the value will be paid for him into a Post
Office Savings Bank or Trustee Savings Bank, where the
money can be dealt with according to the savings bank
regulations.
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