B7112, Treasury Bond of P.R.China, Hundred Yuan (100 Dollars Loan) 5-Year 1993

Description

B7112, Treasury Bond of P.R.China, Hundred Yuan (100 Dollars Loan) 5-Year 1993.
VF, please refer the picture. Circulated, have a slight folder in the middle.
Issued by central government of China in 1993. The par value is RMB 100.00.
This is the second issue of 1993. The duration is 5 years, with interest of 15.86% annum.
This bond is still valid today. It can be cashed in par value and interest for ever.
The central government of China began to issue "Certificated Bonds" since 1981. And from 1997, "certificated bonds" were updated to "book-entry treasure bonds". So the paper money style "Certificated bonds" serviced for only 17 years in China. And up to now, this bond does not expired. If you want to cash it, you can get the money of face value and more than 20 years interest.
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