Talk:Consol (bond)

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Name[edit]

Surely "Consols" are just an abbreviation ? Shouldn't this be under the full name - Consolidated Stock ? (with redirects)

And isn't "Consols" plural ?

-- Beardo 03:54, 12 June 2006 (UTC)[reply]

Given that's its an abbreviation for Consolidated Annuities, and has for nearly two centuries been considered a word in its own right (c.f. Webster, Chambers, and Bouvier's Law Dictionary), it probably shouldn't be under 'Consolidated Stock'. Mauls 09:51, 29 October 2006 (UTC)[reply]

Singular or plural? "Consols is" is really grating on me. Night Gyr (talk/Oy) 08:15, 30 December 2006 (UTC)[reply]

I changed it to plural again. The plural form is the current use in the markets (in my first-hand experience, but see also for example the London Stock Exchange glossary [1]), and plural makes more intuitive sense, as the term is a contraction of a plural form (consolidated annuities). -- Marcika 14:59, 29 January 2007 (UTC)[reply]

Although originally Consolidated Annuities, the article says the current stock are called "Consolidated Stock". When did the appreviation come into use ? -- Beardo 07:39, 31 January 2007 (UTC)[reply]

The definition in the LSE glossary has changed, but there are plenty of places which corroborate "consolidated annuities" -- especially the Columbia Encyclopedia [2] and the 1911 Britannica [www.1911encyclopedia.org/Consols]. -- 192.223.158.62 11:36, 21 August 2007 (UTC)[reply]

The UK government has just announced it is to redeem some of these. I'm not an expert but perhaps someone who is could update the article to reflect this? 2.221.27.79 (talk) 14:52, 31 October 2014 (UTC)[reply]

1751?[edit]

In "The Great Wave", David Hackett Fischer says:

"In 1745, after the the effect of rebellion in Scotland was added to a general European war, London's security market suffered its first 'Black Friday.' The price of Console dropped below 75."

He cites "A History of Interest Rates" by Homer. How sure are we that consols were first issued in 1751? — Preceding unsigned comment added by 173.170.227.240 (talk) 04:53, 13 July 2015 (UTC)[reply]