City of Budapest - Foregin Bond
Inv# FB5008 BondCountry:
Hungary
Years:
1927
Color:
Gr-Blk
$500 Bond. Was payable in 'Gold Coin of USA'. Great vignette of two female figures and elaborate borders. Unissued. Extremely rare US dollar 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.
Item ordered may not be exact piece shown. All original and authentic.
Ebay ID: labarre_galleries