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The city of Odessa, located on the Black Sea coast, was one of the most prosperous and culturally vibrant cities of the Russian Empire. Founded in 1794 by the decree of Catherine the Great, Odessa rapidly developed as an important commercial port, attracting merchants, intellectuals, and artists from all over Europe. The city's rapid economic and demographic growth required continuous investments in infrastructure and public services, often financed through the issuance of municipal bonds.
The 1903 issuance represents one of the city's most significant loans. This bond issue, with a nominal value of 10 million rubles, aimed to finance major urban development projects, such as the construction of new roads, modernization of the port, and expansion of public services. The bonds offered an annual interest rate of 4.5%, with coupons payable twice a year, making this investment particularly attractive to savers and investors of the time.
The presented document is a historical testimony of that period, illustrating the importance the city placed on its growth and development. The quality of the print, attention to graphic details, and use of the city's official seal demonstrate the significance attributed to these bond issues, not only as financial instruments but also as symbols of economic trust and stability.
Historical Data of the Company
| Data | Information |
|---|---|
| Year of Establishment | 1794 |
| Headquarters | Odessa, Russian Empire |
| Initial Capital | Not applicable (municipality) |
| Year of Bond Issuance | 1903 |
| Total Issue Amount | 10,000,000 Rubles |
| Interest Rate | 4.5% per annum |
| Number of Bonds Issued | 100,000 bonds of 100 rubles each |
| Year of Company Closure | Not applicable (municipality) |
| Last Available Revenue | Not applicable |
For Scripophily Collectors
Collecting historical documents such as stocks and bonds is a passion that combines a love of history with an interest in economics and finance. Each document tells a story, not just about the entity that issued it but also about the historical period in which it was created. The bonds of the city of Odessa from 1903 are no exception. They represent not only a piece of financial history but also a symbol of a growing city, eager to modernize and improve the quality of life for its residents.
These documents are highly sought after by collectors, not only for their aesthetic beauty but also for their historical value. Owning a bond like this means possessing a piece of Odessa's history, a city that played a crucial role in the history of the Russian Empire and continues to be an important cultural and commercial center.
All historical documents for sale are considered collectibles. The documents have no economic or financial value (no economic or financial value), the second image is only representative of the object of the reference company.
