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The UK government used to issue consols, which are perpetual bonds. Over the centuries, they bought them all back. https://en.wikipedia.org/wiki/Consol_(bond)
by pjdemers 6y ago
The UK government used to issue consols, which are perpetual bonds. Over the centuries, they bought them all back.
https://en.wikipedia.org/wiki/Consol_(bond) https://en.wikipedia.org/wiki/Consol_(bond)
- PLenz 6y agoWhenever you read in Regency to Victorian books that so-and-so has an income some pounds per year it is usually referring to these.
- compiler-guy 6y agoThey often refer to rents paid by tenants on the estate.