The 141-year-old municipal bond


	The 141-year-old municipal bond

Joshua Zumbrun

2-12-2009 1:49 PM

1370 views

tags:

municipal bond, 2009, oldest, financial instrument

Joshua Zumbrun says:

Amazing. If we issued this now it would be payable in 2150.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/a046e8c6-7c99-4e1a-a59d-f6303d8ad8b7/F1751E19-1DBB-4081-AA4D-4F0A77CE38EA/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.nytimes.com/2009/02/13/nyregion/13jerome.html?emc=eta1" href="http://www.nytimes.com/2009/02/13/nyregion/13jerome.html?emc=eta1" style="font-size: 11px;">www.nytimes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/02/13/nyregion/13jerome.html?emc=eta1"><NYT_HEADLINE _moz-userdefined="" type=" " version="1.0">
That’s What You Call Investing for the Long Term
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