§ Viscount Montgomery of Alameinasked Her Majesty's Government:
What is now the position in respect of bond claims by United Kingdom nationals against the Government of Bulgaria.
774WA
§ Lord GlenarthurThe British Government and the Bulgarian Government signed an agreement on 16th September relating to final repurchase of certain bonds of foreign public loans of the Principality of Bulgaria and the Kingdom of Bulgaria held by United Kingdom nationals.
In accordance with the agreement the Bulgarian Government have nominated the National Westminster Bank to repurchase from persons who were United Kingdom nationals on 16th September 1987 the following bonds at the following rates:
and so in proportion for bonds denominations.
Loans Nominal value of Bond Payment (A) FOREIGN PUBLIC LOANS 6% State Mortgage Loan 1892 Gold Francs 500 Fr Fr 35 5% Bulgarian State Gold Loan 1902 Gold Francs 500 Fr Fr 35 5% Bulgarian State Gold Loan 1904 Gold Francs 500 Fr Fr 35 4½% Bulgarian State Gold Loan 1907 Gold Francs 500 Fr Fr 35 4½% Bulgarian State Gold Loan 1909 Gold Francs 500 Fr Fr 35 6½% Bulgarian State Loan 1923 Fr Fr 500 Fr Fr 35 7% Settlement Loan 1926 Sterling Issue £ Sterling 100 £ Sterling 40 US dollar issue US Dollars 500 US Dollars 35 7½ Stabilisation Loan 1928 Sterling issue £ Sterling 100 £ Sterling 40 US Dollar issue US Dollars 500 US Dollars 35 French Issue Poincaré Fr 2,500 Fr Fr 175 (B) FOREIGN PUBLIC GUARANTEED LOANS 5% Bulgarian Loan 1896 Gold Francs 500 Fr Fr 35 5% Loan Municipality of Sofia 1906 Gold Francs 500 Fr Fr 35 5% Loan Municipality of Varna 1907 Gold Francs 500 Fr Fr 35 4½% Loan Municipality of Sofia 1910 Gold Francs 500 Fr Fr 35 Copies of the offer and the appropriate Form of Acceptance may be obtained from the paying agent: National Westminster Bank plc, Stock Office Services, National Westminster House, Station Way, Crawley, West Sussex RH10 1JE.
The offer remains open for acceptance until 15th October 1989.