Perpetual bond from 1648
When Dutch water authorities issued this bond famous city on Neva called Nyenskans, and country to the south-east called - Grand Duchy of Moscow
"Yale University will receive 136.20 euros in interest on a perpetual bond issued in 1648 from Dutch water authority de Stichtse Rijnlanden.
The 1,000 guilder-bond ($509), which is written on goatskin, is among five of the world’s oldest bonds that still pay interest, according to Clarion Wegerif, a spokeswoman for the water authority.
Yale contacted the agency to collect the interest, Wegerif said in a phone interview from Houten, the Netherlands. "We’ll be handing out a symbolic check and wire the rest."
Yale, which has an endowment of $23.9 billion, paid 24,000 euros to acquire the bond in 2003 as an artifact. The bond was issued to pay for a small pier in the Netherlands’s Lek river."
"Yale University will receive 136.20 euros in interest on a perpetual bond issued in 1648 from Dutch water authority de Stichtse Rijnlanden.
The 1,000 guilder-bond ($509), which is written on goatskin, is among five of the world’s oldest bonds that still pay interest, according to Clarion Wegerif, a spokeswoman for the water authority.
Yale contacted the agency to collect the interest, Wegerif said in a phone interview from Houten, the Netherlands. "We’ll be handing out a symbolic check and wire the rest."
Yale, which has an endowment of $23.9 billion, paid 24,000 euros to acquire the bond in 2003 as an artifact. The bond was issued to pay for a small pier in the Netherlands’s Lek river."