page_title: Corporate bond
hierarchical_section_title: Corporate bond
caption_attribution_description: Nederlands: Aandeel van de Verenigde Oost-Indische Compagnie, ter waarde van 2400 gulden, tegen een jaarlijkse rente van 6¼ procent. Dit aandeel werd uitgegeven te Middelburg, maar op 7 november 1622 getekend te Amsterdam. Transcriptie: Wy onderschreven Reecken-meesters vande Camere der Oost-In- / dische Compagnie binnen Middelburgh, Bekennen midts desen / gheaccordeert te hebben, ende by den Ontfangers der voorschreven Com- / paignie ontfanghen te wesen, vanden Eersamen Jacop van Necq, burgem(eeste)r / deser stede, de Somme van vierentwintichondert gul(den). / Welcke voorschreven Somme van / vierentwintichondert gul(den) metten Interesse van dien jegens ses (ende) ee(n) quartt / ten hond(ert) (6¼&#160;%) Int Jaer gherekent, wy aen(den) voorn(oemden) Burgem(eeste)r Jacop van Necq / ofte den Thoonder deses, door ditto Ontfangers wederomme / belooven te betalen over twaelff Maenden naer date deses. Sonder argh / ofte list. Actum in Middelburgh den Amsterdam den 7. november a(nn)o 16(hondert) tweentwintich (1622). / Wij segghen ten vervallen daeghen (dividend) te bet(ae)l(en) tot Amst(erdam) in banco. ƒ2400 Niet leesbaar (handtekening) Cornelis Francken (handtekening) English: A bond of the Dutch East India Company, dating from the 7th of November 1622, for the amount of 2400 guilders, with an annual interest of 6¼ percent. This bond was issued in Middelburg, but signed in Amsterdam. Translation: We, the undersigned accountants of the East India Company in Middelburg, hereby make notice to have accepted, and to have received through the receiver of the afore-mentioned company, from the right honorable Jacob van Neck, mayor of this city, the sum of twenty-four hundred guilders. We promise the afore-mentioned mayor Jacob van Neck, or the bearer of this (document), to pay out through ditto receiver, in twelve months time from today, the afore-mentioned sum of twenty-four hundred guilders. With the interest of this sum being rated at six and a quarter to a hundred (6¼&#160;%) over (a period of) one year. (This being agreed) Without bad intent or deceit. Done in Middelburg on the Amsterdam, on the 7th of November, 1622. We promise to pay out (dividend) at the due date (of this bond) through our bank in Amsterdam. ƒ2400 Not legible (signature) Cornelis Francken (signature)
context_page_description: A corporate bond is a bond issued by a corporation in order to raise financing for a variety of reasons such as to ongoing operations, M&A, or to expand business. The term is usually applied to longer-term debt instruments, with maturity of at least one year. Corporate debt instruments with maturity shorter than one year are referred to as commercial paper.
context_section_description: A corporate bond is a bond issued by a corporation in order to raise financing for a variety of reasons such as to ongoing operations, M&A, or to expand business. The term is usually applied to longer-term debt instruments, with maturity of at least one year. Corporate debt instruments with maturity shorter than one year are referred to as commercial paper.
caption: A bond from the Dutch East India Company (VOC), dating from 7 November 1623. The VOC was the first company in history to widely issue bonds and shares of stock to the general public.
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