§ Mr. GILBERTasked the Chancellor of the Exchequer the number, the amounts, and the issue prices of the War Loans floated by Germany and Austria since the beginning of the War?
§ Mr. McKENNAI have no official information on the subject. The following particulars have been compiled from statements which have been published as regards the loans in question, but I cannot vouch for their accuracy:—
1901W
(1) LOANS FLOATED BY GERMANY. align="center">Nominal amount subscribed. September, 1914. £ 5 per cent. Loan at 97.50. Irredeemable before 1924 173,000,000 5 per cent. Treasury Bonds at 97.50. Repayable at par by five half-yearly drawings between 1918 and 1920 50,000,000 March, 1915. 5 per cent. Loan at 98.50. Irredeemable before 1924 414,250,000 5 per cent Treasury Bonds at 98.50. Repayable at par by four half-yearly drawings between 1921 and 1922 38,750,000 September, 1915. 5 pen cent. Loan at 99. Irredeemable before 1924 608,000,000 March, 1916. 5 per cent. Loan at 98.50. Irredeemable before 1924 Lists still open. 4½ per cent. Treasury Bonds at 95. Repayable at par in ten annual drawings between 1923 and 1933 Lists still open. (2) LOANS FLOATED BY AUSTRIA. November, 1914. 5½ per cent. Loan at 97.50, less discount of 0.625. Repayable at par in 1920, but may be repaid any time before at 3 months' notice 89,000,000 May, 1915. 5½ per cent. Loan at 95.25, less discount of 0.50. Repayable at par 1925, but may be repaid at any time before on 3 months' notice 110,400,000 These lists do not include Treasury Bill issues or advances by banks.
October, 1915. £ 5½ per cent. Loan at 93.50, less discount of 0.50. Repayable at par 1930, but may be repaid at any time before on 3 months' notice 169,600,000 (3) LOANS FLOATED BY HUNGARY. November, 1914. 6 per cent. Loan at 97.50 for immediate payment, at 98 for payment by instalments. Irredeemable before 1920. Subscribers agreeing to hold their stock for 5 years may demand repayment at par in 1920 48,750,000 May, 1915. 6 per cent. Loan at 97.50 on immediate payment, at 98 for payment by instalments. Irredeemable before 1921. Subscribers agreeing to hold their stock for 5 years may demand repayment at par in 1921 15,417,000 5½ per cent. Loan at 90.8 for immediate payment, at 91.2 for payment by instalments. Irredeemable before 1925 31,250,000 October, 1915. 6 per cent. Loan at 97.10 for early application and immediate payment, at 97.40 for later application and payment on application, at 98 for payment by instalments. Irredeemable before 1921. Subscribers agreeing to hold their stock for 5 years may demand repayment in 1921 84,000,000