Yale University receives interest from 17th century bond

Pippa

Pippa

2015-09-16 14:41:04

Yale University is to receive €136.20 ($153) in interest from a permanent investment bond first drawn by Dutch water authority de Stichtse Rijnlanden in 1648.

The university bought the bond for $27,131 in 2003. It’s one of the oldest bonds to still produce interest in existence.

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