On my morning commute one day this week I heard a story on NPR about the world's oldest living bond, still paying interest nearly 400 years later. The story is from a podcast episode of The Indicator from Planet Money.
This rang a bell because of earlier E-Sylum articles (linked below) about similar French and Dutch bonds, but this is a different, even earlier one. Owned by the New York Stock Exchange and held in its archive, it was issued in 1624.
-Editor
Hidden deep in an archive in New Jersey is the world's oldest living bond. Originally issued to fund a dike in the Netherlands after a big flood, these days, it's gearing up for its 400th birthday and still paying interest. Today on the show, we visit this elder bond and hear its story.
To read the complete article, see:
Bond. World's oldest living bond.
(https://www.npr.org/2023/11/08/1197956741/bond-worlds-oldest-living-bond)
To read the earlier E-Sylum articles, see:
THE BOND THAT STILL PAYS, 280 YEARS LATER
(https://www.coinbooks.org/v22/esylum_v22n01a31.html)
1648 PERPETUAL DUTCH BOND STILL PAYS INTEREST
(https://www.coinbooks.org/v26/esylum_v26n10a27.html)
Wayne Homren, Editor
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