Panama-Companie Universelle Du Canal Interoceanique de Panama

Inv# FB5046   Bond
Panama-Companie Universelle Du Canal Interoceanique de Panama
Country: France
Panama
Years: 1888
Color: Red-Gr
60 Francs. Historically important provisional bond. Quite a complex piece with much detail at front and back. Scarce and exciting!

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.
Price: $60.00
Quantity: