For the information of the public it may be explained that Exchequer Bonds are a Government security, both principal and interest being secured upon the Consolidated Fund of the United Kingdom.
The holder of these Bonds is guaranteed the return of his money in full in five years.
The holder of an Exchequer Bond for £100 will receive £100 on December 1, 1920, and will in the meantime receive £5 per annum in interest, payable half-yearly.
In the event of future loans (other than issues made abroad or issues of Exchequer Bonds, Treasury Bills, or similar short-dated securities) being raised by His Majesty's Government for the purpose of carrying on the War, Bonds of this issue will
Text read from the printed page and cleaned; old type leaves the occasional error.