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一、为支援人民解放战争,迅速统一全国,以利安定民生,走上恢复和发展经济的轨道,决定于一九五零年度发行人民胜利折实公债。二、本公债之募集及还本付息,均以实物为计算标准,其单位定名为「分」。每分以上海、天津、汉口、西安、广州、重庆六大城市之大米(天津为小米)六斤、面粉一斤半、白细布四尺、煤炭十六斤之平均批发价的总和计算之。此项平均市价,统一由中国人民银行每十日公布一次。三、本公债总额为二万万分。于一九五零年内分期发行。第一期在一九五零年一月至三月间定期发行。继续发行时间,由政务院决定之。四、本公债分五年债还,第一年抽还总额百分之十,以后每年递增百分之五,每期自发行截止时起,每满一年抽签还本一次。五、本公债定为年息五厘,亦照实物计算。每期于发行截止时起,每满一年付息一次。六、责成政务院根据本决定制定人民胜利折实公债条例,公布实行。
First, in order to support the people’s war of liberation and quickly unify the entire country so as to benefit the people’s livelihood and embark on the path of restoring and developing the economy, it is decided to issue the people’s victory to fold the public bonds in 1950. Second, the raising of bonds and debt service are calculated in kind, the unit named “points.” Calculated by the sum of the average wholesale price of six kilos of rice in Shanghai, Tianjin, Hankou, Xi’an, Guangzhou and Chongqing (millet in Tianjin), one and a half pounds of flour, four feet of white cloth and sixteen pounds of coal. The average market price, unified by the People’s Bank of China announced once every 10 days. Third, the total amount of bonds is 200 million. Issued in installments in 1950. The first issue was issued regularly from January to March 1950. Continue to issue time, the decision by the State Council. Fourth, the bonds in five-year debt repayment, the first year pumping total amount of 10%, after an annual increase of 5%, since the issuance of each deadline, every year a year repo. Fifth, the bonds are set at five cents per annum, according to the actual calculation. Each period from the issuance deadline, every one year interest payment once. VI. To instruct the State Council to formulate a people’s victory in accordance with this decision to fold the bonds and promulgate them.