Alcona and Hubris
02-05-2005, 01:09
Bearer Bonds of the United Duchies Issued
(The First NS Bearer Bond Issue?)
Buy A Safe, Guaranteed Investment
Bearer Bonds from the Royal Land Trusts of New Crawfordland and New Knotoss
These Coupon Bonds are being offered at an interest rate of six percent
http://www.eng.auburn.edu/users/donatgw/abond.jpg
The Royal Land Trust of the United Duchies, through its subsidary unit of New Crawfordland is pleased to announce the issuance of new
Bearer Bonds at an annual rate of six percent for nine years with a final payment of six percent and the principle. These bonds are back by the 270,000 square miles of New Crawfordland owned by the Royal Land Trust. The bonds annual payment of six percent interest are to be paid by rents from these lands as well as the rents from New Knootoss. The total bond issue will be for 4.75 Trillion Krondor or approximately 6.175 Trillion USD.
The Royal Land Trust has a AAA+ bond rating in all categories having repaid all of its bonds promptly and on time since 1742 when it was first formed. The bonds will be issued in 1,000Kr, 10,000 Kr, 100,000 Kr, 1,000,000 Kr and 10,000,000 Kr units. (The present exchange rate is approximatly 1.3 USD/Kr)
OOC: Huh why should I buy these things?
You may be asking, well first as an investment (for all you small nations) at the end of ten years your investment will be worth 60% more. That is 1,000 would be worth 1,600 thousand with each of the ten interest payments. And they are safer than stocks since these are guaranteed to be worth something even if the Royal Land Trust of Alcona and Hubris defaults (unlike a stock). Which is not likely to happen.
But as an added bonus these are Bearer Bonds, which means they are untraceable and 'good as cash'. Wonderful for those criminal or spy operations where you need to move lots of money but don't want to be hauling around 300 million in currency or attempting to do a wire transfer (if it leaves an electron or paper trail it can be traced)
Also good for you despots out there who might get invaded soon, or have a revolution. Far easier to have a few hundred million in bearer bonds in the wall safe, than a huge pile of millions about someplace. And far easier to redeem than diamonds, a lot lighter than gold, and drug sniffing dogs are not curious about paper as they are narcotics.
What is even better is that by removing the ten interest coupons from the bottom (not shown) you can reduce the cost of those arms and tanks by 60% over ten years by getting the interest payment while they get the principle.
Great Stuff, get yours today.
*Now for those of you who know about bonds yes there is more to it than that, well I estimated the general Discount Rate of NS to be about 3% so that the Present Value of these things is about 1,290 or so. But if your a general player then don't worry about this stuff.
(The First NS Bearer Bond Issue?)
Buy A Safe, Guaranteed Investment
Bearer Bonds from the Royal Land Trusts of New Crawfordland and New Knotoss
These Coupon Bonds are being offered at an interest rate of six percent
http://www.eng.auburn.edu/users/donatgw/abond.jpg
The Royal Land Trust of the United Duchies, through its subsidary unit of New Crawfordland is pleased to announce the issuance of new
Bearer Bonds at an annual rate of six percent for nine years with a final payment of six percent and the principle. These bonds are back by the 270,000 square miles of New Crawfordland owned by the Royal Land Trust. The bonds annual payment of six percent interest are to be paid by rents from these lands as well as the rents from New Knootoss. The total bond issue will be for 4.75 Trillion Krondor or approximately 6.175 Trillion USD.
The Royal Land Trust has a AAA+ bond rating in all categories having repaid all of its bonds promptly and on time since 1742 when it was first formed. The bonds will be issued in 1,000Kr, 10,000 Kr, 100,000 Kr, 1,000,000 Kr and 10,000,000 Kr units. (The present exchange rate is approximatly 1.3 USD/Kr)
OOC: Huh why should I buy these things?
You may be asking, well first as an investment (for all you small nations) at the end of ten years your investment will be worth 60% more. That is 1,000 would be worth 1,600 thousand with each of the ten interest payments. And they are safer than stocks since these are guaranteed to be worth something even if the Royal Land Trust of Alcona and Hubris defaults (unlike a stock). Which is not likely to happen.
But as an added bonus these are Bearer Bonds, which means they are untraceable and 'good as cash'. Wonderful for those criminal or spy operations where you need to move lots of money but don't want to be hauling around 300 million in currency or attempting to do a wire transfer (if it leaves an electron or paper trail it can be traced)
Also good for you despots out there who might get invaded soon, or have a revolution. Far easier to have a few hundred million in bearer bonds in the wall safe, than a huge pile of millions about someplace. And far easier to redeem than diamonds, a lot lighter than gold, and drug sniffing dogs are not curious about paper as they are narcotics.
What is even better is that by removing the ten interest coupons from the bottom (not shown) you can reduce the cost of those arms and tanks by 60% over ten years by getting the interest payment while they get the principle.
Great Stuff, get yours today.
*Now for those of you who know about bonds yes there is more to it than that, well I estimated the general Discount Rate of NS to be about 3% so that the Present Value of these things is about 1,290 or so. But if your a general player then don't worry about this stuff.