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Honduras: 1870 10% Government Railway Loan

Loan of £2,500,000, issued in London at 80% by the London & County Bank. Secured by charge on State Railways. Redeemable by 1885 against 3% sinking fund. In total default from 1873. Bonds could be deposited with the Council of Foreign Bondholders from 1925 and paid at reduced rates. Those not deposited by 1928 were not redeemable. Certificates of deposit from CFB were paid off in 1953 at about 40%. Total not deposited £100,200.

1870

SKU: 78a2cfdc225f-1-1-1-1-2-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-2-1-2-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-3-1-1-1-1-1-1-2-1-1-1-1-3-1-1-1-1-1-1-1-1-1-2-1-1-1-1-3-1-1-2-1-1-1-1-2-1-1-1-1-1-1-1-1-1-1-2-1 Country: Theme:
REF. NO. DENOMINATION DESCRIPTION NO. ISSUED CONDITION VALUE
101 £100 1870, black, with coupons 25,000 VF £100

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