| Level | Series |
| Creator Name | Bank of England Accountant's Department |
| Reference Number (click to see whole series/group) | 20A29/6 |
| Extent | 43 volumes |
| Title | 6% EXCHEQUER BONDS 1920 - ISSUED OCT 1916 |
| Date | 9 Oct 1916 - 16 Feb 1920 |
| Admin History | The 6% Exchequer Bonds were issued on the 2nd Oct 1916; the issue closed on 30 Dec 1916. They were repayable at par on the 16 Feb 1920. These bonds were offered bearing an interest of 6% in the hope that this high rate would not only encourage a quick flow of subscriptions, but also deflect money from Treasury Bills to the longer dated security and attract foreign money. This issue ran concurrently with the 5% Exchequer Bonds 1921 for nearly three weeks. The issue received 152,837 applications and raised £161,000,475 in fourteen weeks.
Conversion into the 5% War Loan 1929-1947 (Series 20A29/5) and 4% War Loan 1929-1942 (Series 20A29/6), and into the 5 3/4% Exchequer bonds 1925 (20A29/12). |
| Related Material | AC19/164
AC27/90; AC27/623; AC27/625; AC27/1236; AC27/3337; AC27/3419; AC27/7813
AC30/355; AC30/357; AC30/358; AC30/361; AC30/362; AC30/364; AC30/367; AC30/368; AC30/376; 20A29/5/1/18; 20A29/5/1/20 |
| YearOpen | 2015 |