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A bearer bond is a negotiable loan instrument which is payable to its holder by the issuer according to preset conditions.

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A bearer bond is a negotiable loan instrument which is payable to its holder by the issuer according to preset conditions.

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bearer bond

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A bearer bond is usually issued by a corporation or by a government. No records are kept of who has purchased a bond. Therefore it is very difficult to prove ownership if the bond is lost or stolen.

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The euro bearer bond is authenticated under a blacklight. There were only a few million in circulation contrary to ING releasing them. Therefore any existing euro bearer bonds are fraudulent.

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2784 dollars

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