VICTORY LOAN.
LONDON, June 12.
The Victory Loan consists of two is- j sues of unlimited amounts, the iirst being a four per cent funding loan, issued at £80, repayable at par from 3960 to 1990, by means of a sinking fund. The second loan is in four per cent victory bonds, price £85', redeemable by annual drawings commencing September 1, 1920. The prospectus does not state the period over which the redemption will extend. The purchaser will thus receive over 94 shillings per cent interest upon the investment, and a bonus of 15 per cent when the capital is repaid. Payment for both issues can be made in instalments lasting tHI January 1920, and bonds are purchasable at post offices. The bonds will be accepted in payment of death duties. (PreT- "•■ Sous war 'oans and exchequer bonde X. '
will be accepted iv payment of either issue.
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Bibliographic details
Ashburton Guardian, Volume XXXIX, Issue 9633, 13 June 1919, Page 5
Word Count
147VICTORY LOAN. Ashburton Guardian, Volume XXXIX, Issue 9633, 13 June 1919, Page 5
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