Arrêté du 20 novembre 1931 réglant les conditions d'émission d'une deuxième tranche de l'emprunt ordonné par la loi du 26 avril 1929 sur les logements populaires. | http://data.legilux.public.lu/eli/etat/leg/a/1931/11/20/n1/jo — Luxembourg law | Esheria

Arrêté du 20 novembre 1931 réglant les conditions d'émission d'une deuxième tranche de l'emprunt ordonné par la loi du 26 avril 1929 sur les logements populaires.

This order sets conditions for issuing a second tranche of a loan authorized by the 26 April 1929 law on popular housing.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Luxembourg
Instrument
Decision
Citation
http://data.legilux.public.lu/eli/etat/leg/a/1931/11/20/n1/jo
Status
In force
Version
Undated source snapshot
Language
fr
Updated
Official source
View official record ↗
amortization bond issuance bond redemption collections currency document formalities formalities government accounting government borrowing interest on subscriptions interest payments loan issuance payments postal administration public borrowing public finance securities securities issuance social housing stock exchange listing subscription pricing

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Statute overview

About this statute

This order sets conditions for issuing a second tranche of a loan authorized by the 26 April 1929 law on popular housing. The Grand-Ducal State must issue a second tranche of bonds worth 15 million francs for the operation of the Service des Logements populaires. The issue price is set at 97 francs per 100 francs nominal value, subscriptions open on 26 November 1931, and subscribers receive 5% yearly interest until 15 January 1932; later subscriptions pay extra accrued interest. Titles issued under articles 1 and 2, and coupon sheets, are exempt from stamp and registration formalities. The Government may not convert the titles during the first four years; the Director General of Finance may appoint two commissioners, who draw lots in November for bonds to be redeemed the following 15 January.