5% Industrial Loan issued by the Republic of China. 500 French Francs, 200000 issued. This loan is completely outstanding. In default since 1922. Not cancelled No hole, with coupons. Serial number will be different. Only 100,000,000 francs bond issued at 94% of facevalue. The commission to the bank was 10%. Coupon payable March/Sept, but remain in default since 1922. Printed by Richard, Paris. The item “Republic of China (Industrial Loan) 1914 5% Uncancelled” is in sale since Thursday, September 3, 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.

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