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User Panel
User Panel
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Posted: 11/2/2014 3:40:15 AM EDT
The £218 million repayment is a fraction of the overall £2 billion still owed from the Great War, which took place between 1914 and 1918. UK To Pay Off Part of L2B War Debt From Great War UK To Repay Part of "Perpetual War Loans" 
Fascinating! These are "consols," or consolidated annuities, paying 4% annually. Consol Bonds With QED here in the States and zero interest being paid on my savings, I'd jump at that rate! |
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Posted: 11/2/2014 5:55:41 AM EDT
[#1]
So that's why the relationship has remained 'special' all these years......
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Posted: 11/8/2014 5:05:58 PM EDT
[#2]
A few years ago one Country DID pay off the last of its World War I Bonds.
Forgive me for not remembering its name. |
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