B6080, China 4% Construction Bond 500,000 Dollar (Highest Value Cancelled), 1956

B6080, China 4% Construction Bond 500,000 Dollar (Highest Value Cancelled), 1956.

VF condition, please refer the picture. Cancelled with large hole.

This item include 1956 Issue: 500,000 Dollars (50 Yuan after the currency reform).

The central government of China issued "National Economic Development Bonds" during 1954 to 1958.  Each year issued one set. Just like US T-bill or T-note, these Chinese Bond are 3-year or 5-year duration. Due to political problems, China stopped issued "National Economic Development Bonds" after 1958, so only 5 sets(years) of these bond exits. You can find all of these 5 sets in my eBay store.