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FinancesBritish 3 Percent Consols (Government Bonds): Annual Average Price
and Yield
|
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| Yield |
Average Price (Units of 1 £)
|
Yield (Units of 1%)
|
| 1790 |
76.89
|
3.9%
|
| 1791 |
83.75
|
3.6%
|
| 1792 |
90.04
|
3.3 %
|
| 1793 |
75.70
|
3.9%
|
| 1794 |
68.20
|
4.4%
|
| 1795 |
66.37
|
4.5%
|
| 1796 |
62.47
|
4.8%
|
| 1797 |
50.84
|
5.9%
|
| 1798 |
50.53
|
5.9 %
|
| 1799 |
59.17
|
5.1%
|
| 1800 |
63.64
|
4.7 %
|
| 1801 |
60.93
|
4.9%
|
| 1802 |
70.89
|
4.2%
|
| 1803 |
60.16
|
5.0%
|
| 1804 |
56.59
|
5.3%
|
| 1805 |
59.30
|
5.1 %
|
| 1806 |
61.47
|
4.9%
|
| 1807 |
62.74
|
4.8 %
|
| 1808 |
66.35
|
4.5%
|
| 1809 |
68.32
|
4.4 %
|
| 1810 |
68.41
|
4.4 %
|
| 1811 |
64.19
|
4.7%
|
| 1812 |
59.72
|
5.0 %
|
| 1813 |
58.81
|
5.1%
|
| 1814 |
66.79
|
4.5 %
|
| 1815 |
59.90
|
5.0%
|
| 1816 |
62.13
|
4.8 %
|
| 1817 |
75.30
|
4.0%
|
| 1818 |
78.17
|
3.8 %
|
| 1819 |
70.93
|
4.2%
|
Note: According to The Penguin Dictionary of Economics Consols are an abbreviation for consolidated stock: unredeemable government stock first issued in the 18th Century as a consolidation of the National debt."
Source: Siberling, Norman J. "British Financial Experience, 1790-1830."
Review of Economic Statistics 1919.
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