Description: This Peruvian Bond "Bonos de Reconstruccion" for 1,000 Soles de Oro is a unique collectible item from Peru, a country full of history, and is a testament to the rich historical and financial heritage of that country, the land of Machu Picchu, the Incas and Gold. It is a must-have for any collector of historical artifacts and financial documents I am an economist and a financial analyst, and have 4 "Bonos de Reconstruccion" bonds for 1,000 Soles de Oro (each) directly from Peru - good quality. I will be happy to provide any information (historical, financial, etc) that you want. Thanks! Bond Information: Peruvian Bonds "Bonos de Reconstruccion" ("Rebuilding Bonds") were issued by the Republic of Peru during 1983 and 1984 (Ley 23592 and D.S. 178-83-EFC). Their purpose was to finance Peru's rebuilding expenses due to natural disasters caused by El Nino in 1983. The total authorized issuance amount was 200 billion "Soles de Oro" ("Sol de Oro" - "Gold Sol" was Peru's currency at that time), which was equivalent to over US$100 million at that time. Bonos de Reconstruccion's face values and coupon rates were, respectively: 1,000 Soles de Oro. Interest rate: 56% per annum, compounded quarterly. 5,000 Soles de Oro. Interest rate: 56% per annum, compounded quarterly. 10,000 Soles de Oro. Interest rate: 56% per annum, compounded quarterly. 50,000 Soles de Oro. Interest rate: 56% per annum, compounded quarterly. 100,000 Soles de Oro. Interest rate: 56% per annum, compounded quarterly. Their maturities were between 1985 and 1986 and their acceptance was mandatory for Peruvian businesses and workers alike. Although Peru's government states that these bonds are already prescribed, other Peruvian sovereign bonds which were also declared prescribed, such as the "Bonos de la Reforma Agraria" ("Agrarian Land Reform Bonds", issued in the 1970s), are currently in the middle of law suits and arbitration processes started by bond purchasers (such as Gramercy Funds). - - - - - - This signed bond was manufactured in Peru and is an authentic piece of history. It is perfect for display in a collection or as a conversation starter. Don't miss out on the opportunity to own this rare and precious item! Muchas gracias!
Price: 489 USD
Location: Brooklyn, New York
End Time: 2024-10-16T18:45:01.000Z
Shipping Cost: N/A USD
Product Images
Item Specifics
All returns accepted: ReturnsNotAccepted
Industry: Historical
Signed: Yes
Original/Reproduction: Original
Country/Region of Manufacture: Peru
