Is it not the case that the value of those funds has depreciated very considerably by being invested in only oneundatedsecurity?
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It is anundatedsecurity.
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I thought, in particular, that a rather disastrous blunder was made when, in deciding to redeem the local loans stock, resort was had to anundatedsecurity.
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Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
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