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Foreign Bondholdings in the United States

Published online by Cambridge University Press:  12 April 2017

J. Reuben Clark Jr.
J. Reuben Clark Jr.*
Affiliation:
Of the Board of Editors
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Extract

The Foreign Bondholders Protective Council, Inc., has issued its fourth Annual Report for the year 1937 in a volume containing some 790 pages.

The Report shows that during 1937 the Council was concerned with twenty-six situations in twenty different countries involving 254 bond issues of an approximate face value of $1,800,000,000. During the year two temporary adjustments were announced with Poland, two permanent adjustments with China, also permanent adjustments covering Uruguayan national and municipal bonds.

Type
Research Article
Information
American Journal of International Law , Volume 32 , Issue 3 , July 1938 , pp. 439 - 446
Copyright
Copyright © by the American Society of International Law 1938

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References

* Both temporary and permanent adjustments have been made on Polish bonds.

* Both temporary and permanent adjustments have been made on Polish bonds.

a Includes Canada for which actual payments for 1936 and 1937 total $199,365,505, and estimated payments for 1934 and 1935 total $206,000,000.

a Made up of $1,166,000 paid by Finland, which was full service, and $501,266 paid by Greece, which was partial service. (Hungary deposited nearly $10,000 worth of pengoes on December 15, 1937.)