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Schuldverschreibung der Stadt Koln- 1,000 or 5,000 Marks Bond (Uncanceled)

Inv# FB6717   Bond
Schuldverschreibung der Stadt Koln- 1,000  or 5,000 Marks Bond (Uncanceled)
Country: Germany
Years: 1919
1,000 or 5,000 Marks 4% Uncanceled Bond with several coupons remaining.
Condition: Good

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: $80.00
Less 30% discount is $56.00