Republic of New Granada: 1845 Deferred Bonds
Issued £3,313,000 in payment of the old Colombian loans of 1822 and 1824 of which the Republic of New Granada accepted 50% liability. Secured on tobacco and Customs revenues. Non interest bearing until 1861, thereafter 1% increasing by 1/8% up to 3%. Convertible into Waste Land certificates in 1861, the remainder converted to 1873 Loan at about 17% nominal.
1845
Country: New Granada
Theme: Foreign Loans