Report of the Council of the Corporation of Foreign Bondholders, volume 33
Report of the Council of the Corporation of Foreign Bondholders, volume 33
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To quickly assess the difficulty of the text, read a short excerpt:
j£8,940,ooo Digitized by VjOOQIC 30S [Portugal.
Brought forward j£8,940,ooo 1 84 1.— Interest on the External Debt having been in arrearforjj years— although it is stated that the Internal Bondholders received their interest in full during a part of this period — a Decree was promulgated ordering a conversion of the then outstanding Debt as above plus arrears, say ... 1,460,000 Total ;£io,4oo,ooo For the purposes of the Conversion this was taken as ;£ 1 0,000.000, which was to bear interest as ...follows : — 2^ per cent, for 4 years from July, 1841 3 percent. „ „ 1845 4 percent. „ „ 1849 5 percent. „ „ 1853 And afterwards 6 per cent, until the arrears were paid off.
1845. — A new Scheme was brought forward by the Government for the conversion of the whole Debt into a Four per Cent.
Stock. Holders of ^£6,500,000 Bonds accepted this conver- sion, while ;£3, 500,000 were retained in their original form, and upon these latter default was made in 1850 and 185 1.
1852 to 1855.
What to read after Report of the Council of the Corporation of Foreign Bondholders, volume 33?
You can find similar books in the "Read Also" column, or choose other free books by Corporation of Foreign Bondholders (Great Britain) to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
j£8,940,ooo Digitized by VjOOQIC 30S [Portugal.
Brought forward j£8,940,ooo 1 84 1.— Interest on the External Debt having been in arrearforjj years— although it is stated that the Internal Bondholders received their interest in full during a part of this period — a Decree was promulgated ordering a conversion of the then outstanding Debt as above plus arrears, say ... 1,460,000 Total ;£io,4oo,ooo For the purposes of the Conversion this was taken as ;£ 1 0,000.000, which was to bear interest as ...follows : — 2^ per cent, for 4 years from July, 1841 3 percent. „ „ 1845 4 percent. „ „ 1849 5 percent. „ „ 1853 And afterwards 6 per cent, until the arrears were paid off.
1845. — A new Scheme was brought forward by the Government for the conversion of the whole Debt into a Four per Cent.
Stock. Holders of ^£6,500,000 Bonds accepted this conver- sion, while ;£3, 500,000 were retained in their original form, and upon these latter default was made in 1850 and 185 1.
1852 to 1855.
What to read after Report of the Council of the Corporation of Foreign Bondholders, volume 33?
You can find similar books in the "Read Also" column, or choose other free books by Corporation of Foreign Bondholders (Great Britain) to read onlineMoreLess
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