Compound Interest Treasury Note
- Compound Interest Treasury Note
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US Compound Interest Treasury Note $50
Compound Interest Treasury Notes were emissions of the United States Treasury Department authorized in 1863 and 1864 with aspects of both paper money and debt. They were issued in denominations of $10, $20, $50, $100, $500 and $1000. They matured for three years until they could be redeemed and brought 6 percent interest.[1]
References
- ^ Hessler, Gene and Chambliss, Carlson (2006). The Comprehensive Catalog of U.S. Paper Money, 7th edition, Port Clinton, Ohio: BNR Press ISBN 0-931960-66-5.
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