The remaining private holders - which include commercial banks, insurance companies, pension funds and foreign investors - are far more likely to reinvest their interest payments.

Particularly, he has been seen as alienating public lands and districtus (defence command) to private holders, especially bishops, though this is disputed.

Numazu castle was destroyed, its moats filled in, and its land sold to private holders.

Greece is also racing to clinch a deal with the private holders of its sovereign bonds.

However banking sources told reporters that a deal with private holders of Greek debt was still some way off.

European leaders have reached an "agreement", we were told, with the private holders of Greek debt, who now accept a 50pc write-down on their stakes.

The proposed and final legislation designating the wilderness area included provisions for land swaps between private and public holders.

On Greece, the pair said the second bail-out funds would not be released until an agreement had been reached with private holders of Greek debt.

Many of the private holders of the Spix macaws were not breeding them in captivity.

Since 1912 it is the private holder of the new build railway.