B3365, China Reconstruction Bond Loan, 10000 Dollars (Highest), Post Saving Bank 1946.
Fine condition, please refer the picture, circulated.
Issued in 1946 by The Post Saving Bank of China. The face value is 10,000 Dollars. ?10,000 Dollars is the highest face value.
It is a kind of government bond, but it can be circulated in the market as legal banknotes. It is the emergency notes issued during the war, to solve the fiscal problems, without leading to inflation.
The interest rate is different from different duration.
Duration half year: 6% annum.
Duration 1 year: 7.1% annum.
Duration 2 years: 7.95% annum.
Duration 3 years: 9.98% annum.