7% stabilization loan of 1927. - $500 bond, converted in 1938 (interest rate reduced to 4.5% and maturity extended to October 15, 1968. - conversion overprint in the middle in navy blue).
In addition, an overprint indicating that the bond was redeemable in accordance with the 1973 agreement. - The government of the People's Republic of Poland, under pressure from the U.S. at the time, agreed to a partial redemption of the bonds still in circulation. The redemption was carried out in Poland and the US (in the US, 40% of the face value was paid to holders in three installments, in Poland 36.5% of the face value - the equivalent was paid in PeKaO commodity bills from September 1, 1972 to July 31, 1980).
Bond accompanied by a coupon voucher (after conversion).
A rare $500 stabilization loan bond - highly recommended!
