A forever bond issued 400 years ago still pays interest. Here's how much the holder just got
- Posted on December 15, 2024
- By Fortune
- 3 Views
A forever bond issued 400 years ago still pays interest. Here's how much the holder just got
On Dec. 10, 1624, a Dutch water authority sold a bond for 1,200 Carolus guilders to a woman in Amsterdam, promising to pay 2.5% interest in perpetuity.
