Michael Schmidt|Bond. World's oldest living bond.

2025-05-06 20:50:18source:Evander Elliscategory:Finance

Hidden deep in an archive in New Jersey is Michael Schmidtthe world's oldest living bond. Originally issued to fund a dike in the Netherlands after a big flood, these days, it's gearing up for its 400th birthday and still paying interest. Today on the show, we visit this elder bond and hear its story.

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