Republica Mexicana - Estado de Aguascalientes (100$)
5% Bond of 100 Pesos (Letter A) - Aguascalientes 1910
Loan of 1.3 million Piastres (Pesos) First Serie 1910 contracted by the Government of the State of Aguascalientes according to the terms entered into with the Mexican Central Bank in 1910.
The loan was formed by the issue of 7,215 bonds, of which:
- 1,600 were at $100 (Letter A)
- 4,225 at $200 (Letter B)
- and 390 bonds at $500 (Letter C).
The capital was to yield 5% per year, payable half-yearly on January 1 and July 1 of each year by the Government. This interest payment was materialized by the detachment of the coupons attached to the securities. However, only a few coupons have been cut, a sign that the interest has not been paid in full and that the holders of the security are beneficiaries of the debt.
The loan was to be used for sanitation works (pavings or sewers), water conveyance or distribution.
Bond written in 3 languages (Spanish, English, French).
Large size (27x42 cm excluding coupons)
- Rare bonds
- Low issue
- American Banknote Co. (New York)
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