English Translation

8a - 14 resulted from the sum of debt that can be announced now or in the next few years and from the city even after the interest rate cut ncch with more than 4% interest-bearing debt. The 4 % interest rate was the rate which, during the year 1994l, had developed as a standard rate for municipal and industrial bonds in the Reich and which, according to the instructions given by Reich Minister F u n k, should also have been a permanent rate. The exchange offer was planned for pari. Creditor and debtor interests were taken into account in the most wall-free venture. 25 years were determined as the term, with repayment in 25 equal annual instalments by means of the series draw. By the exclusion of an early possibility of mobility from the city until 1947, the bond secured the character of a permanent investment and created a further incentive for the acquirer. By decree of the Minister for Economic Affairs and Labour of 3 March 1942, the Anlcihe was approved in the form requested. In April 1942, the pupillar security was issued. Likewise, the application for the exemption of fees - it was at least an amount of 10 million K - was issued by the National Finance Directorate by 11503