Chinese Government 8% 1925 Skoda £1000 Bond Loan

Item No: GBP1000-26687

Item Name: Chinese Government 8% 1925 Skoda £1000 Bond Loan

Dimension: Dimension: Size - 26.2 (w) x 38.4 (h) mm

Rare Collectable China Bond, Orante Border, Red, Red Chop in Cnetre, Full Coupons Uncancelled

Description

8% Skoda Loan II £1000, 1925, red, with complete Coupons sheet. In 1911, the Imperial Government of China had issued the first Skoda Loan for the purchase of naval and military armaments from the Skoda-Works in Pilsen (Bohemia) and Monfalcone Shipbuilding Yards in Italy.

These Skoda Loans II of a total £6.9m were issued after agreements in 1922 and 1925 between the Chinese Ministry of Finance and the Italian Bank for China, formerly known as Sino-Italian Bank, acting on behalf of the Bondholders of the Skoda Loan II. For every £100 Skoda Loan I due, a new £150 of this Skoda Loan II was issued.

Coupons were payable at Credito Italiano and J. Hambro & Sons, both in London. The loans were printed by the bureau of Engraving and Printing in Peking, China. Denomination labels on top right corner are glued to the Bonds. The bonds have different redemption dates and therefore carry coupons pages between the minimum of 1 coupon to the maximum of 19 coupons.