Confederate Treasury Bond
Original Author: Confederate States of America Treasury
Created: October 30, 1862
Medium: Confederate treasury bond

Confederate Treasury Bond

A Confederate bond issued on October 30, 1862, warrants that the bearer will receive $100 as well as 8 percent in annual interest when the bond matured on July 1, 1870. However, the Confederacy no longer existed in 1870, and the bonds it issued had collapsed in value.