Can you learn anything from the 3.5% war loan?

[arabianights]

Does the price of the war loan tell you anything special, other than that which would normally be associated with any other perpetual?

 

[arabianights]

I mean, of course, about Britain.

 

[N Rothschild]

you been at the mephedrone again?

 

[arabianights]

nah, all gone a while back, wouldn't want to do anything illegal...

 

[pboyles]

Does the price of the war loan tell you anything special, other than that which would normally be associated with any other perpetual?

Dont mention the war.

 

[scose-no-doubt]

wtf is a war loan?

 

[arabianights]

wtf is a war loan?

perpetual gilt, initially issued to fund WWI iirc.

 

[scose-no-doubt]

Okay. Then why would they tell you "anything special, other than that which would normally be associated with any other perpetual"? Or anything about Britain? :S

 

[arabianights]

Okay. Then why would they tell you "anything special, other than that which would normally be associated with any other perpetual"? Or anything about Britain? :S

Kind of wondering if you could see them as an overall vote of confidence (or no confidence) in Britain, more so than one with defined duration.

 

[scose-no-doubt]

A "Britain Indicator" lol.

 

[montmorencyt2w]

wtf is a war loan?

My Dad used to have some that he inherited from his Dad.
They got sold somewhere along the line (not for a vast fortune ).


p.s. Lloyd George knew my father.

 

[0007]

Wasn''t the original war-loan called income tax? [introduced by William Pitt in 1798 to fund the fight against the Frogs].