The bonds are redeemable by annual drawings.
公年签。
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The subscribers to a new loan, who mean generally to sell their subscription as soon as possible, prefer greatly a perpetual annuity, redeemable by parliament, to an irredeemable annuity, for a long term of years, of only equal amount.
新贷款的认购者通常打算尽快出售认购的,他们更喜欢可由议会赎回的永久年金,而不是不可赎回的年金,限很长,只有等额的年金。