£100 Imperial Chinese Government 5% Bond. Tientsin-Pukow Railway Loan 1908 Bond

Amazon.com Price: $1,000.00 (as of 10/09/2020 10:55 PST- Details)

Description

5% 100£ Bond. Tientsin-Pukow Railway Loan. 3 complete rows of coupons. Condition has always been a problem with this type. Some paper splits and/or paper loss is to be expected. Large Tear Repair. Just being honest. New article relating to this Chinese item: https://www.bloomberg.com/news/articles/2019-08-29/trump-s-new-trade-war-weapon-might-just-be-antique-china-debt A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.

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