Defaulted and Prospective Defaults on Foreign Bonds
Interest on half a billion dollars worth of foreign bonds owned by individual and institutional investors in the United States was defaulted in 1931. Defaults on additional foreign issues of which more than $300,000,000 are in American ownership have been announced for 1932, and further suspensions of payments may develop as the year progresses.
Defaults on American-Owned Foreign Bonds, 1931–32
|Country||Face value on which interest was defaulted in 1931||Additional amounts announced for default in 1932||Total|
|Canada||$ 3,320,000b||$ 3,320,000|