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Bayer Landeshauptstadt Munchen - 1,000,000 Mark - Bond (Uncanceled)

Inv# FB6361A   Bond
Bayer Landeshauptstadt Munchen - 1,000,000 Mark - Bond (Uncanceled)
Country: Germany
Years: 1923
1,000,000 Mark 8-20% Uncanceled Bond. 20 coupons unattached.
Condition: Excellent

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.

Item ordered may not be exact piece shown. All original and authentic.
OUT OF STOCK