LISBOA. Apolice (=bond). black. No 3064. Bond for funds lent to the royal treasury in Lisbon. In 1797, Spain, at war with Great Britain, secretly negotiated a treaty with France for the partition of Portugal. The King, Don John, was desperately short of money to defend Portugal, and raised as much as possible (including this loan) in Portugal. Britain sent an army and a subsidy, and Portugal remained safe until 1801, when invaded by a Franco-Spanish army. Certainly one of the very first Portuguese bonds. Rarity 10.
Themes: BEFORE 1800, CITY & STATE BONDS
Date: 16 April 1801
Startprice: € 500