American debt

Bibliographic data

Monograph

Identifikator:: 1831796236

URN:: urn:nbn:de:zbw-retromon-221092

Document type:: Monograph

Title:: American debt

Place of publication:: London

Publisher:: Stat. Off.

Year of publication:: 1923

Scope:: 12 S.

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

EXHIBIT ¢“ A.” (Form of Bond.) GovERNMENT oF THE UNITED KINGDOM SIXTY-TWO YEAR 3-3% PER CENT. GOLD Bonb. Dated 15th December, 1922-— Maturing 15th December. 1984. 5. No. The Government of the United Kingdom, hereinafter called Great Britain. for valu received, promises to pay to the United States of America, herinafter called the United States, or order, on the 15th day of December, 1984, the sum of four million, six hundred thousand dollars ($4,600,000), less any amount which may have been paid upon the principal hereof as endorsed upon the back thereof, and to pay interest upon said principal sum semi-annually on the 15th day of June and December in each year, at the rate of three per cent. per annum irom 15th December, 1922, to 15th December, 1932, and at the rate of three and one-half per cent. per annum thereafter until the principal hereof shall have been paid. All payments on account of principal and/or interest shall be made at the Treasury of the United States in Washington or, at the option of the Secretary of the Treasury of the United States, at the Federal Reserve Bank of New York. This bond is payable 2s to both principal and interest in gold coin of the United States of America of the present standard of weight and fineness or in its equivalent in gold bullion, or at the option of Great Britain, upon not less less than bhirty days’ notice, indicating the minimum amount which it is contemplated to pay at next due date in gold cash or available funds, in any bonds of the United States issued or to be issued after 6th April, 1917, bo be taken at par and accrued interest to the date of payment hereunder; provided, however, that Great Britain may at its option, upon not less than ninety days’ advance notice, pay up to one-half of any interest accruing hereon between 15th December, 1922, and 15th December, 1927, in bonds of (reat Britain dated and bearing interest from the respective dates when the interest to be paid thereby becomes due, and substantially similar in maturity and other respects to this bond. The principal and interest of this bond shall be exempt from all British taxation, present or future, so long as it is in the beneficial ownership of the United States or of a person, firm, association or corporation neither domiciled nor ordinarily resident in the United Kinedom. In order to provide for the amortisation of this bond hefore maturity, Great Britain will make to the United States payments of principal in the amounts, and on the dates shown in thes following Table : — Date, [5th December 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 10393 Annual instalments te be poid on account of nrinecinal. 3 23,000 23,000 24,000 25,000 25,000 27,000 27,000 98,000 28.000 30,000 39 000

Access restriction

Copyright

fullscreen: American debt

Monograph

Table of contents

Download

Monograph

This page

Image fragment

Citation links

Citation recommendation