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The Centuries-Old Debt That's Still Paying Interest
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The Centuries-Old Debt That's Still Paying Interest
  • Published_at:2017-09-25
  • Category:Education
  • Channel:Tom Scott
  • tags: tom scott tomscott things you might not know Beinecke beinecke rare book library lekdijk bovendams Stichtse Rijnlanden carolus guilders financial instruments perpetual debt water bonds netherlands debt bearer bond
  • description: In the archives of Yale University, there's a 367-year-old bond from the water authority of Lekdijk Bovendams, in the Netherlands. And it's still paying interest. Thanks to: Prof. Geert Rouwenhorst for his time and explanation All the team at the Beinecke Rare Book and Manuscript Library Michelle Martin (@mrsmmartin) for editing the interview and Leendert van Egmond for telling me about the bond! I'm at http://tomscott.com on Twitter at http://twitter.com/tomscott on Facebook at http://facebook.com/tomscott and on Snapchat and Instagram as tomscottgo
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2017-09-27 475,535 18,315 1,105 (United Kingdom,#18)