Internal War Loans Belligerent Countries

Commonwealth of Australia
4>4% and 5% War Loan 1927
(Sixth War Loan)
Dated—Specific date not determinable from prospectus.
See under Method of Payment.
Due—December 15, 1927.
Period of Subscription—February 18, 1918 to April 10, 1918.
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 above £100. Inscribed
Stock and coupon bonds are 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, 15% May 1, 1918,
25% June 4, 1918, 25% July 1, 1918, and 25% August 1,
1918, without accrued interest. Any or all of the installments
could be prepaid.
Subscribers to the 4^2% Loan paying by installments
receive interest amounting to £3:123. 6d and those paying
in full on or before April 10, 1918, receive £3:153. December
15, 1918, on each £100 subscribed. Subscribers to the
5% Loan paying by installments receive interest amounting
to £3 :17s. 6d and those paying in full on or before April
IO, 1918, receive £4 December 15, 1918, on each £100
subscribed.
Holders of the 4^% War Loans maturing in 1925 and
of the 4j^% War Loan maturing in 1927 by giving notice
and upon application to the Commonwealth Bank of Australia
not later than June 1, 1918, can convert their holdings
at par into the 5% Loan. 5% stock and bonds issued
upon such conversion bear interest from June 15, 1918.
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