Hawaiian Government Block of 4 - $15Inv# AH1010A Bond
$15 Specimen Bond Interest Coupon block of 4 for $800. Available as a pair AU for $400, single CU for $250 and AU for $200. Measures 3" x 1 3/4" individually.
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.