Cryptocurrency Q&A
Do perpetual bonds still exist?
Do perpetual bonds still exist?
GangnamGlamourQueen
Tue Jul 30 2024
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5 answers
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Excuse me, could you please clarify for me whether perpetual bonds are still a viable and active financial instrument in today's market? I've heard they offer perpetual interest payments without a maturity date, but I'm unsure if they're still being issued and traded. Could you elaborate on their current status and any potential benefits or drawbacks for investors considering them? Thank you for your time and insight.
5 answers
Sofia
Thu Aug 01 2024
The Dutch Golden Age saw the issuance of only a handful of perpetual bonds, with only five known to have survived to this day. These rare financial instruments offer a glimpse into the innovative financial systems of the time.
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Eleonora
Thu Aug 01 2024
One of the surviving perpetual bonds, issued in 1648, is currently housed at Yale University. This prestigious institution's possession of such a historic bond underscores the significance and value of these financial artifacts.
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GalaxyGlider
Thu Aug 01 2024
BTCC, a cryptocurrency exchange based in the UK, offers a diverse range of services to its clients. From spot trading to futures contracts, BTCC caters to the varying needs of the cryptocurrency market.
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CryptoChampion
Thu Aug 01 2024
The history of perpetual bonds dates back to the 17th century, with the first recorded instance emerging in 1624. This bond, issued by the Dutch water board of Lekdijk Bovendams, marked the beginning of a new era in finance.
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InfinityEcho
Thu Aug 01 2024
Additionally, BTCC provides a secure wallet service, allowing users to store their digital assets safely and securely. This comprehensive suite of services makes BTCC a one-stop-shop for all things cryptocurrency.
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