Shopping Cart
There are no more items in your cart
The Nine-Year Treasury Bond with Prizes 5%, issued by the Italian Republic on July 1, 1958, is part of a series of public debt securities designed to raise funds and support Italy’s post-war economic reconstruction. This certificate has a nominal capital of ten thousand lire, divided into two individual bonds of five thousand lire each. The bond carried an annual interest rate of 5% and was set to mature on January 1, 1968.
Graphic Description of the Bond
The bond features a deep red ornamental frame, with floral and classical motifs along the edges. At the top, there is an allegorical scene depicting classical figures in a setting of abundance and prosperity, symbolizing the economic growth and stability Italy was achieving during the 1950s. The words "REPUBBLICA ITALIANA" are prominently displayed, followed by "Direzione Generale del Debito Pubblico".
The red color represents the energy and determination with which the country was tackling reconstruction, while the decorative details emphasize the importance and prestige of this bond. A "Cancelled" stamp indicates that the bond was redeemed at maturity.
Historical Context
1958 was a year of transition for Italy, which was experiencing the Italian Economic Miracle. The issuance of treasury bonds like this one was a crucial tool for financing economic progress and supporting the modernization of infrastructure and industries. Investing in these bonds was an opportunity for citizens to contribute to the country’s growth, while securing a safe financial return.
The design of the bond, with its allegorical figures, reflects the optimism and hope that characterized post-war Italy, as it looked toward a future of prosperity and stability.
