Internal War Loans Belligerent Countries

Commonwealth of Australia
4>4% War Loan 1925
(Fourth War Loan)
Dated—Specific date not determinable from prospectus. See
under Method of Payment.
Due—December 15, 1925.
Period of Subscription—December 23, 1916 to February 8,
1917. (Later extended to April 2, 1917.)
Interest Dates—June 15 and December 15.
Issue Price—100.
Form and Denomination—Coupon bonds in denominations of
£10, £50, £100, £500 and £1,000 and Inscribed Stock
in amounts of £100 and multiples of £10 over £100. Inscribed
Stock and coupon bonds interchangeable at any
time upon application in writing to the Commonwealth
Treasury, Melbourne, or any branch of the Commonwealth
Bank of Australia.
Method of Subscription—Subscriptions were received at the
Commonwealth Bank of Australia and branches (including
Rabaul and New Britain), at the head offices and branches
of all banks, State Savings Bank, by any member of a recognized
stock exchange or at any post office where money
order business was conducted.
Method of Payment—10% on application, 10% March 1, 1917,
10% April 2, 1917, 10% May 1, 1917, 10% June 1, 1917,
10% July 2, 1917, 10% August 1, 1917, 10% September
3, 1917, 10% October 1, 1917, and 10% November 1, 1917,
without accrued interest. Any or all installments could
be prepaid. Subscribers paying by installments received
December 15, 1917, interest amounting to £3:155. on each
£100 subscribed. Subscribers paying in full on or before
February 8, 1917, received June 15, 1917 interest amounting
to £2:5s. on each £100 subscribed.
The period of subscription was extended from February
8, 1917 to April 2, 1917 and the following adjustments were
made: (1) Installment Applications—Where the deposit
and the first installment were paid ,on or before March 8,
1917, the second and later installments were due on the
dates shown in the prospectus and interest amounting to
£3:145. on each £100 subscribed was paid on December
79