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Britain to pay 87-year-old bonds

Author
AAP,
Publish Date
Sat, 1 Nov 2014, 8:47AM
Britain is to pay back bonds it issued when Winston Churchill was finance minister, back in 1927 (Wikimedia)
Britain is to pay back bonds it issued when Winston Churchill was finance minister, back in 1927 (Wikimedia)

Britain to pay 87-year-old bonds

Author
AAP,
Publish Date
Sat, 1 Nov 2014, 8:47AM

Britain is to pay back bonds it issued when Winston Churchill was finance minister, back in 1927.

The bonds were issued to cover debts from World War One, and the Napoleonic and Crimean campaigns.

The country still has more than two billion pounds worth of debt from the First World War alone, but it says it will pay it all off...one day.

 

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