50 Dollar Fourth Liberty Loan Gold Bond of 1933-1938 - 1918 dated $50 US Treasury Bond - Gorgeous Front and Back
Inv# TB1047 Bond
Fifty Dollar Fourth Liberty Loan 4 1/4% Gold Bond of 1933-1938. A Liberty bond (or liberty loan) was a war bond that was sold in the United States to support the Allied cause in World War I. Subscribing to the bonds became a symbol of patriotic duty in the United States and introduced the idea of financial securities to many citizens for the first time. The fourth Liberty Bond had the following terms:
- Date of Bond: October 24, 1918
- Coupon Rate: 4.25%
- Callable Starting: October 15, 1933
- Maturity Date: October 15, 1938
- Amount Originally Tendered: $6 billion
- Amount Sold: $7 billion
Read more at https://en.wikipedia.org/wiki/Liberty_bond
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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