This is a China 1925 French Boxer Indemnity 5% US Gold Bond, more details below. We have several bonds - all in good condition. Serial numbers will vary.
No Issued: 877,878
Serial From: 00001 - 877,878
Arrangers: Banque de l'Indo-Chine
Bond Dimensions: 325 x 240 mm
This loan of US$43,893,900 was issue at 100%, primarily in Paris and London, by the Societe Francaise de Gerance de la Banque Industrielle de Chine, which was formed by the Banque de I'indo-Chine and the Banque Franco-Chinoise pour Ie Commerce et I'lndustrie and other French banks after the failure of the Banque Industrielle de Chine . The purposes of the loan were as follows:
- Reorganisation of the French Boxer Indemnities of 190I, of which 24 installments were relinquished to China during the period from 1922 to 1924. The remaining outstanding balance was converted to US$ and advanced to the Banque Franco-Chinoise Commerce & Industrielle.
- For Sino-French philanthropic and educational programs. The principal and interest was payable at Henry Schroder in London, Banque Franco-Chinoise Commerce & Industrie in Paris, Peking, Shanghai and Saigon and at Banca Commerciale Italiana in New York.
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