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Napoléon was first emperor in 1804 - if it was from then, we’re talking 214 year old debt - fascinating!
by codeisawesome 8y ago
Napoléon was first emperor in 1804 - if it was from then, we’re talking 214 year old debt - fascinating!
- OldHand2018 8y ago> Napoléon was first emperor in 1804 - if it was from then, we’re talking 214 year old debt - fascinating! The UK issued perpetual bonds starting in 1751. They were called Consol Bonds, but they were all redeemed in 2015. The US has historically issued Consol bonds with the right of redemption. The last mention of Consol bonds I can find is the June 1935 Treasury report [1] so presumably that's when they were fully redeemed. [1]https://www.treasurydirect.gov/govt/reports/pd/mspd/pre1997/pre1997_1935.htm https://www.treasurydirect.gov/govt/reports/pd/mspd/pre1997/...
- spiralx 8y agoHere's one :) https://www.youtube.com/watch?v=cfSIC8jwbQs https://www.youtube.com/watch?v=cfSIC8jwbQs