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- Compound_Interest_Treasury_Note abstract "Compound Interest Treasury Notes were emissions of the United States Treasury Department authorized in 1863 and 1864 with aspects of both paper money and debt. They were issued in denominations of $10, $20, $50, $100, $500 and $1000. While they were legal tender at face value, they were redeemable after three years with 6 percent annual interest compounded semi-annually. In the absence of efficient investment banks, the hybrid nature of these instruments allowed the government to directly distribute debt by paying the notes out to creditors as legal tender, and then relying on interest-seeking parties to eventually remove them from circulation in order to redeem them with interest at maturity. Thus, in theory, the notes did not contribute to monetary inflation as did the greenbacks.At the time of their issue, investors were accustomed to receiving interest via semi-annual coupons. The compound interest notes were an innovation in that they paid interest only at maturity but compensated for the lack of immediate coupons by paying an escalated amount of interest for each six-month period. Each note presents an elaborate table on the reverse containing details of the interest calculation.".
- Compound_Interest_Treasury_Note thumbnail UScompoundinterestnote.jpg?width=300.
- Compound_Interest_Treasury_Note wikiPageID "7851516".
- Compound_Interest_Treasury_Note wikiPageRevisionID "581748226".
- Compound_Interest_Treasury_Note hasPhotoCollection Compound_Interest_Treasury_Note.
- Compound_Interest_Treasury_Note subject Category:Notes_(finance).
- Compound_Interest_Treasury_Note type Abstraction100002137.
- Compound_Interest_Treasury_Note type Communication100033020.
- Compound_Interest_Treasury_Note type Evidence106643408.
- Compound_Interest_Treasury_Note type Indication106797169.
- Compound_Interest_Treasury_Note type Note106504462.
- Compound_Interest_Treasury_Note type Notes.
- Compound_Interest_Treasury_Note type Record106647206.
- Compound_Interest_Treasury_Note type WrittenRecord106502378.
- Compound_Interest_Treasury_Note comment "Compound Interest Treasury Notes were emissions of the United States Treasury Department authorized in 1863 and 1864 with aspects of both paper money and debt. They were issued in denominations of $10, $20, $50, $100, $500 and $1000. While they were legal tender at face value, they were redeemable after three years with 6 percent annual interest compounded semi-annually.".
- Compound_Interest_Treasury_Note label "Compound Interest Treasury Note".
- Compound_Interest_Treasury_Note sameAs m.026g790.
- Compound_Interest_Treasury_Note sameAs Q5156828.
- Compound_Interest_Treasury_Note sameAs Q5156828.
- Compound_Interest_Treasury_Note sameAs Compound_Interest_Treasury_Note.
- Compound_Interest_Treasury_Note wasDerivedFrom Compound_Interest_Treasury_Note?oldid=581748226.
- Compound_Interest_Treasury_Note depiction UScompoundinterestnote.jpg.
- Compound_Interest_Treasury_Note isPrimaryTopicOf Compound_Interest_Treasury_Note.