B3358, China Reconstruction Bond Loan, 100 Dollars, 1946 unused.
Fine condition, please refer the picture, unirculated, with 2 pcs coupons.
Issued in 1946 by The Post Saving Bank of China. The face value is 100 Dollars.
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.