B7071, Treasury Bond of P.R.China, Five Yuan (5 Dollars) 1989, Volkswagen Car.
VF, please refer the picture. Circulated, have a slight folder in the middle.
Issued by central government of China in 1989. The par value is RMB 5.00.
This bond is still valid today. It can be cashed in par value and interest for ever.
The picture of the bond is Volkswagen Car Manufactory in Shanghai, which was established in 1983.
The Central Treasury Department of P.R.China began to issue "Treasury Bond (Certificated Bonds)" since 1981. And from 1997, "certificated bonds" were updated to "book-entry treasure bonds". So the paper money style "Treasury Bond (Certificated Bonds)" serviced for only 17 years in China. And up to now, this bond does not expired. If you want to cash it, you can get the money of face value and more than 20 years interest.