OBBLIGAZIONE LIRE 100 - REGNO D'ITALIA ROMA 1916

1916 - OBBLIGAZIONE LIRE 100 - REGNO D'ITALIA ROMA

1916 - OBBLIGAZIONE LIRE 100 - REGNO D'ITALIA ROMA

Reference 3516

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History of the Public Debt of the Kingdom of Italy

The Public Debt of the Kingdom of Italy was an essential tool for financing public expenses and supporting the economic and infrastructural development of the country. With the unification of 1861, the Italian government faced the challenge of consolidating public finances and promoting economic growth. Public debt bonds, such as the National Loan at 5% issued on January 1, 1916, offered citizens a safe and attractive investment opportunity.

Description

This particular loan was issued during World War I, a period of great financial necessity for the country. The net five percent yield was particularly attractive to investors, and the loan was guaranteed by the State, further increasing investor confidence. The funds raised through these bonds were used to finance war expenses and post-war reconstruction projects.

Type of Document: National Loan at 5%
Yield: Five percent net
Date of Issue: January 1, 1916
Nominal Capital: 100 lire (one hundred)
Duration: Twenty-five years
Amortization: Annual until January 1, 1941
Payments: Net annual interest of 5 lire, payable in two semi-annual installments on January 1 and July 1 of each year
Place of Issue: Rome
Signed by: Director General and Head of Division
Authorization: Law of May 22, 1915, No. 715 and Lieutenant's Decree of December 3, 1915, No. 1800
Printed by: Official Printing House

Product Details

Place of issue: Roma
Year of issue: 1916
Nation of issue: Regno d'Italia
Rarity Index: R5
Quotation Index: S4

Brand scripofilia

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