Republic of China Lung Tsing U Hai Railway Bond 8% Interest. Stamped : A rough translation below, I take no responsibility of this translation. It says the annual interest rate and loan repayment conditions has been adjusted as the consequence of the Chinese Government proposal in 1936. The summary of such proposal appears on the new coupon sheet issued. All arrears of interest up to 1st July 1936 are cancelled. Annual interest rate are fixed : 1.5 % from 1/7/36 to 30/6/37 payable 1/7/37 ; 2% from 1/7/37 to 30/6/38 payable 1/7/38 ; etc. And the last condition reads 4% from 1/7/41 payable 1st Jan and 1st July of each year until the date of repayment of the principal. Any drawing shall take place at Brussels durin the month of july of each year under the auspices of the Cire Generale de Chemins de Fer & de Tramways en Chine. Serial number may be different. Buyers Requirement: minimum 10 positive feedbacks with 3 months old account. The item “Republic of China Lung Tsing U Hai Railway Bond 1921 8% Uncancelled” is in sale since Thursday, September 10, 2020. This item is in the category “Coins & Paper Money\Stocks & Bonds, Scripophily\Government & War Bonds”. The seller is “chanchanshop” and is located in Kwai Tsing , NT. This item can be shipped worldwide.