500 Reichsmark 4% Prussian Consolitdated Government Bond from 1940-We have multiples of these and all will be in the same or better condition that the one pictured. Each has an individual bond number so that will change but otherwise these are all identical. I was able to roughly translates the script….
“4% Prussian Consolidated Government Bond from 1940, Letter E
No XXXXX
Bond for 500 R.M.
Five hundred Reichsmarks
Issued on the basis of 44, 4, and 5, three orders dated March 24, 1940 (Bill Collection 6.21) in conjunction with 51, 36.2 on the State Debt Decree dated March 12, 1924 (Bill Collection 5.132) in the case of 5,150 for World War II dated December 12, 1934 (Bill Collection 6.1551).
The bond will bear interest at four percent per year from June 1, 1940. The interest will be paid annually on June 1 and December 1 to the bearer of the due interest coupons by the Prussian State Debt Fund and the Prussian State Bank (Seebandlung) in Berlin, the Prussian Government Main Offices and State District Offices, and the agencies additionally designated by the Prussian Minister of Finance. After the expiration of one series of interest coupons, a new series with a renewal certificate for the following series will be issued for the bond
The bond is redeemed annually in the amount of two percent of its original nominal value, plus the interest saved through the redemption. Redemption takes place through repurchase or drawing. The numbers of the drawn bonds are published in the German Reich and Prussian State Gazette. The drawn bonds are redeemed at par on June 1 following the drawing. In the case of a drawing, the first redemption will take place on June 1, 1941
The holder can redeem the capital of the drawn bond against delivery of the bond and the unmatured interest coupons, along with the renewal certificate, from the Prussian State Debt Office and the Prussian State Bank (Seehandlung) in Berlin or outside Berlin through all Prussian Government Main Treasuries as well as the State District Treasuries in Dortmund, Duisburg, Frankfurt am Main, Hagen, Hamburg-Wandsbek, and Wuppertal-Elberfeld, after the bank has submitted the bond to be submitted to it, along with the unmatured interest coupons and the renewal certificate, for recognition by the Prussian State Debt Office and has received its instructions. Interest on the bond ceases upon expiration of the term preceding its maturity date. The amount of any missing interest coupons is deducted from the capital amount. The claim to the capital expires if the bond is not presented for redemption within thirty years of its maturity date.
The holder of the bond has no right of termination. Berlin, May 31, 1940.
Prussian State Debt Administration”
These measure 11 ¾” by 8 ½”. Each has a small hole punched in it around the bottom right. Very interesting!