$100 Treasury BondInv# TB1117 Bond
One Hundred Dollar Coupon Bearer Bond of 1935. 2 7/8%. Includes 22 Attached Coupons. Extremely Rare!
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.