Can you learn anything from the 3.5% war loan?

arabianights

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Does the price of the war loan tell you anything special, other than that which would normally be associated with any other perpetual?
 
Okay. Then why would they tell you "anything special, other than that which would normally be associated with any other perpetual"? Or anything about Britain? :S
 
Okay. Then why would they tell you "anything special, other than that which would normally be associated with any other perpetual"? Or anything about Britain? :S

Kind of wondering if you could see them as an overall vote of confidence (or no confidence) in Britain, more so than one with defined duration.
 
Wasn''t the original war-loan called income tax? [introduced by William Pitt in 1798 to fund the fight against the Frogs].
 
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