CHINA--REPUBLIC. 1937 2-4% Chinese Government Secured Sinking Fund

CHINA--REPUBLIC. 1937 2-4% Chinese Government Secured Sinking Fund Bond. Bond for $1000. K-952. Extremely Fine. Also known as the Pacific Development Loan. The Nationalist Government of the Republic of China issued it to redeem earlier obligations, specifically the 1919 3 Year Loan. The loan totalled USD 4.9 million. Estimate: $160 - $200. Provenance: From the Yang Ai Hao Collection. 1937年中華民國政府二至四厘擔保償債基金公債1000元。 亦稱太平洋發展借款。中華民國國民政府發行此券以贖回早期債務，特別是1919年之三年期借款。借款總額為490萬美元。

Estimate:£60.61

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