PARIS. 4% Obligation de F500. black, red. #387387. No 58524. This is the third bond issue. The nominal value is 500 francs, but they were offered to the public at 333 francs. 387,387 bonds were available, but only 318,245 subscribed to. Thebond we offer has still most coupons attached (No. 9-33), which is a very unusual feature for Panama Canal bonds.