B2071, China 6% National Defence Bond, 10 Dollars, 1938 WWII

B2071, China 6% National Defence Bond, 10 Dollars, 1938 WWII.

VF condition, large size, please refer the picture.

Issued in May of 1938 by the Republic Government of China, during the second year of WWII. In 1937, China issued Liberty Bond, but due to some problems, only 50% was sold. In May, 1938, China began to issue National Defence Bond, to cover the fiscal problems during the War.  

The face value is China 10 Dollars. Interest rate is 6% annaul. The bond duration is 30 years. More than 40 pcs dividen-coupons left.

This bond is very long, it was folded into two parts.