City of New York Serial Bond - Specimen Bond
Inv# SE1686 Bond
Specimen Bond printed by American Bank Note Company. New York, often called New York City or simply NYC, is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each of which is coextensive with a respective county. New York is a global center of finance and commerce, culture and technology, entertainment and media, academics and scientific output, and the arts and fashion, and, as home to the headquarters of the United Nations, is an important center for international diplomacy. New York City is the center of the world's principal metropolitan economy. Read more at https://en.wikipedia.org/wiki/New_York_City
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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