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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 six 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 ornate table on the reverse containing details of the interest calculation.".
- Compound_interest_treasury_note thumbnail US-$20-CITN-1864-Fr-191a.jpg?width=300.
- Compound_interest_treasury_note wikiPageID "7851516".
- Compound_interest_treasury_note wikiPageLength "1875".
- Compound_interest_treasury_note wikiPageOutDegree "9".
- Compound_interest_treasury_note wikiPageRevisionID "684166141".
- Compound_interest_treasury_note wikiPageWikiLink Banknote.
- Compound_interest_treasury_note wikiPageWikiLink Category:Notes_(finance).
- Compound_interest_treasury_note wikiPageWikiLink Interest.
- Compound_interest_treasury_note wikiPageWikiLink Investment_banking.
- Compound_interest_treasury_note wikiPageWikiLink Monetary_inflation.
- Compound_interest_treasury_note wikiPageWikiLink United_States_Department_of_the_Treasury.
- Compound_interest_treasury_note wikiPageWikiLink United_States_Note.
- Compound_interest_treasury_note wikiPageWikiLink File:US-$20-CITN-1864-Fr-191a.jpg.
- Compound_interest_treasury_note wikiPageWikiLink File:US-$500-CITN-1864-Fr-194a_(Proof).jpg.
- Compound_interest_treasury_note wikiPageWikiLinkText "Compound interest treasury note".
- Compound_interest_treasury_note wikiPageWikiLinkText "compound interest treasury note".
- Compound_interest_treasury_note wikiPageUsesTemplate Template:Obsolete_U.S._currency_and_coinage.
- Compound_interest_treasury_note wikiPageUsesTemplate Template:Reflist.
- Compound_interest_treasury_note subject Category:Notes_(finance).
- Compound_interest_treasury_note hypernym Emissions.
- 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 six percent annual interest compounded semi-annually.".
- Compound_interest_treasury_note label "Compound interest treasury note".
- Compound_interest_treasury_note sameAs Q5156828.
- Compound_interest_treasury_note sameAs m.026g790.
- Compound_interest_treasury_note sameAs Казначейский_билет_со_сложными_процентами.
- Compound_interest_treasury_note sameAs Q5156828.
- Compound_interest_treasury_note wasDerivedFrom Compound_interest_treasury_note?oldid=684166141.
- Compound_interest_treasury_note depiction US-$20-CITN-1864-Fr-191a.jpg.
- Compound_interest_treasury_note isPrimaryTopicOf Compound_interest_treasury_note.