Four hundred years ago, a dike breach in the Netherlands led to the creation of a bond that still pays interest today. The Dutch were pioneers in financial markets, and this bond continues to amaze with its longevity. The 1624 bond is a physical reminder of the power of fixed-income markets and their impact on the modern world. The text of the bond itself reveals the intricacies of the financial agreement made back in 1624. The bond has survived wars, pandemics, and revolutions, and continues to pay out interest. The NYSE collected interest on the bond’s 400th birthday, highlighting its enduring legacy.
https://www.ft.com/content/5122706e-39ca-4bbc-95cc-373188a9b1c9