China Historic Bonds

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1920 LTUH BF500

1920 LTUH BF500 Image

CHB Ref: 1920/8LTUH/BF500/CoGen cdf
Kuhlmann: 550

1920 - 8% Lung-Tsing-U-Hai Railway Loan

Capital: BF 50,000,000
Denomination: BF 500
No Issued: 100,000
Serial From: 00001 - 100,000
Arrangers: La Compagnie Generale de Chemins de Fer et Tramways en Chine

Dimensions of the Bond:
380 x 260 mm

This loan was arranged by La Compagnie Generale de Chemins de Fer et Tramways en Chine and the sum of BF 50,000,000 was floated in Brussels. The purpose of the loan was for the completion of the western section of the railway from Kwanyintang to the Yellow River; for completion of the eastern section of the railway network from Hsuchow to the sea; and for the construction of a harbour near Haichow. The loan was also to be used to service the previous Lung-Tsing-U-Hai Railway loan issued in 1913. The loan was secured by a first charge on the Lung-Tsing-U-Hai Railway. Coupons were payable on 1st January and 1st July each year. This loan has been in default since January 1926.

Your Price:$119.00
Weight:0.030 kg
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