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