Mitsui and Co., Ltd. - 1969 dated $1,000 US Dollar Japanese Bond - Japan
Inv# FB6567 Bond
$1,000 6 1/2% Bond printed by Security-Columbian Banknote Company. Mitsui & Co., Ltd. is one of the largest sogo shosha (general trading companies) in Japan; it is part of the Mitsui Group. The company was established in 1876 with 16 members, including the founder, Takashi Masuda. As Japan's international trading was dominated by foreigners since the end of the Edo period, it aimed to expand businesses owned by Japanese citizens. By the end of World War II, it had become a dominant trading giant, but was dissolved by the order of GHQ. The current Mitsui & Co. was established in 1947 as Daiichi Bussan Kaisha, Ltd. (First Bussan Corporation Ltd.). In 1959, it merged with several other trading companies and changed its name to Mitsui & Co., Ltd. Read more at https://en.wikipedia.org/wiki/Mitsui_%26_Co.
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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