STOCKHOLM. Bond of 200.000 Svenska Kronor. brown, green. No 015. Folds and hole-cancelled. In 1940 Sweden signed an agreement with the USSR for a loan of Sw.Kr.100.000.000 (in denominations of 50.000, 100.000, 200.000 and 500.000). The bonds were bought by banks and not spread under the public. The high face values reflect this, for instance the 200.000 SEK bond (1941) we offer here is in current value worth approx. 300.000 EUR. Regular interest payment notes on the back between 1941 and May 1946. To be used 60% to purchase railway and other equipment from Sweden, and 40% to build factories in Sweden to be operated by a new Soviet-Swedish company called Svenska Hjul (Swedish Wheel Co.). The political meaning of this loan, showing the collaboration between Sweden and communist Russia during the early stages of WWII is surely surprising to many of our readers.
Themes: CITY & STATE BONDS, RAILROADS
Date: 20 May 1941
Startprice: € 180