25-year 8% external gold amortization loan from 1925. - $100 bond converted to $105, interest rate reduced to 4.5%(dark blue print).
This is a bond of the so-called Dillon loan - under a December 31, 1938 agreement between Poland and the Dillon, Read & Co. bank, the loan was converted by reprinting the bonds with navy blue print and exchanging coupons. The final repayment of these bonds was made as a result of agreements with the government of the People's Republic of Poland in April 1973. - In Poland, the bonds were purchased by Bank PeKaO SA for 36.5% of face value (the equivalent was paid in PeKaO commodity bills).
The bonds came with a conversion coupon sheet (interest coupons after the interest rate was reduced and the value of the bond section changed)
These bonds now rare, amateur valuation in Moczydlowski catalog. Recommended!
