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Tag: Debts & Bonds

“Worrying is like paying a debt you don’t owe.”

The Dutch Water Authority Bond: A 375-Year Investment

On Sep 17, 2015Apr 24, 2025 By Indrajit Roy ChoudhuryIn Muse & Musings4 Comments

In 1648, the Dutch water authority issued a bond to fund dyke reconstruction, a crucial measure for flood-prone Netherlands. Yale University now holds the bond, earning annual interest of 11.34 euros. Recently, Yale discovered and collected 136.20 euros in back interest, showcasing the enduring nature of financial commitments and historical continuity.

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