City of Budapest - 1927 dated Hungarian Bond - Budapest, Hungary
Inv# FB5008 Bond
$500 Bond. Was payable in 'Gold Coin of USA'. Great vignette of two female figures and elaborate borders. Some Toning. Extremely rare US dollar bond! Budapest serves as the capital and the largest city of Hungary, ranking as the tenth most populous city in the European Union based on its city limits. It is also the second largest city along the Danube River. The estimated population of Budapest is 1,752,286, spread across approximately 525 square kilometers (203 square miles). As both a city and a municipality, Budapest is at the heart of the Budapest metropolitan area, which encompasses 7,626 square kilometers (2,944 square miles) and has a total population of 3,019,479. This primate city accounts for 33% of Hungary's total population.
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.
Ebay ID: labarre_galleries