§ 6. Mr. PONSONBYasked the Secretary of State for Foreign Affairs whether any agreement has been concluded between His Majesty's Government and the Government of Rumania for the repayment over a term of years of the relief and reconstruction bonds owing to Great Britain and the Dominions; and, if so, whether he will give the terms of the agreement?
The FINANCIAL SECRETARY to the TREASURY (Mr. Guinness)His Majesty's Government and the Commonwealth of Australia have agreed to accept repayment of the amounts of £2,200,000 and £120,000 due to them respectively under the Rumanian relief bonds which matured on the 1st January, 1925, by capital instalments spread over a period of 15 years commencing in 1930, with interest at 5 per cent. as from 1st January, 1925, on the amount from time to time outstanding.