Annual Report of the Council of the Corporation of Foreign Bondholders, Tema 25

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Página 111 - This bond is payable as to both principal and interest in gold coin of the United States of America of the present standard of weight and fineness...
Página 185 - the collection and employment of revenues sufficient for the service of the war indemnity loan and the other national debts." The six Powers were each represented by a delegate on this Commission ; and the government monopolies of salt, petroleum, matches...
Página 8 - Loan, amounting to ,£1,500,000, were converted into a separate Stock, bearing I per cent, interest till 1865, 2 per cent, from 1865 to 1870, and 3 per cent, thenceforwards till extinction in 1890. 1863.— Six per Cent. Internal Bonds (Hard Dollars). Issued in 1863 in Buenos Ayres, and introduced on the English market in 1 872 and 1874 by Messrs.
Página 318 - January 1st, 1896, inclusive, to be funded at par into New Bonds bearing the above rates of Interest. (3) A Sinking Fund of ^ percent. per annum to commence from ist January, 1900. (4) As security the State...
Página 75 - Loan of ^2,000,000 at 80, bearing 6 per cent, interest. The object of the Loan was to pay off the 1820 Debentures, and to obtain funds for the prosecution of the War of Independence. It was agreed that sufficient of the proceeds should be left with the Contractor for the payment of the first three half-yearly Coupons. Debentures and accumulated interest to the amount of ,£777,220 were paid off. Almost immediately after the Loan had been taken up, the Colombian Government endeavoured to invalidate...
Página 9 - The greater part (.£1,540,120) of this Loan was in 1889 converted into Five per Cent. Debenture Stock of the Cordoba Central Railway Company. The value of the remaining Bonds not converted (,£690,680) was to be deposited in the Bank of England in the name of Messrs. Murrieta & Co., and temporarily invested in English or Argentine Sterling Securities, the funds thus deposited only to be withdrawn as and when required for the redemption of the capital of the 1881 Bonds not exchanged. The Bondholders...
Página 428 - ... Bonds into ,£50 of the New Three per Cent. Bonds. 1862. — No interest was paid from July, 1860, until 1862, when a Six per Cent. Loan was issued at 63 per cent, through Messrs. Baring, to provide for the unpaid Coupons. The Government defaulted again in 1864 upon the 1859 and 1862 Loans. 1864. — A Loan, bearing 6 per cent, interest, was issued by the General Credit and Finance Company. The last interest paid on this Loan was in April, 1867, when £2. 75. 6d. on account of the ,£3 Coupon...
Página 411 - ... 1891, reduced from 7 per cent. to 3^ per cent. on ,£5,000 per kilometre. Provision is made, as the earnings of the Railways increase, for the release of part of the interest guaranteed. Any balance of the proceeds of the 45 per cent. of the Customs Receipts after providing for the foi egoing, and for the expenses of the Debt service, to be applied annually to amortisation of the Debt by purchase or tenders when the Bonds are below par, and when above, by drawings for redemption at par. Any excess,...
Página 99 - Company has lapsed.) 98 the 10 per cent. additional Import Duties should be the only security for the service of the Debt. The maximum rate of interest to be reduced from 5 per cent. to 4 per cent., and a Sinking Fund of i per cent. on the nominal amount of the Debt to be a first charge on the funds remitted ; the balance only being applicable to interest. Pending the acceptance of this Law the collections of the 10 per cent. surtax were to be placed in one of the Guayaquil Banks at six months
Página 343 - Fund, an annuity of ,£58,900 in half-yearly instalments for twenty-five years, or a total of ,£1,472,500. Messrs. Peter Lawson & Co., acting for Mr. Hartmont, accordingly issued in London ,£757,700 in Bonds secured upon a first charge on the Customs Duties of the Ports of Santo Domingo and Puerto Plata, the Guano royalties, and the Revenues arising from the Forests and Mines of the Province of Samana. The Bonds were redeemable in twenty-five years by a IJ per cent, accumulative Sinking Fund.

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