R v International Trustee for the Protection of Bondholders Akt The respondents (suppliants) were holders of three 20-year 5½ per cent coupon gold bonds for $1,000, $500, and $100, respectively, issued and repayable by the British government to the bearer or registered holder on 1 February 1937, at the option of the holder in New York or London, and, if in New York, in gold coin of the United States of America of the standard of weight and fineness existing on 1 February 1917, and, if in London, in sterling money, at the fixed rate of $4.86½ to the £.