Farmer's Bond 250,000 Bank of China Bond With PASSCO Certificate of Authentication

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Product Details:
250,000 Yuan Farmers Bank of China Bond - Red "Farmer's Bond" - Chinese Bond With Passco certificate of authenticity
Farmer Bond
Bono Farmer 1933
The 250,000 Yuan Farmer’s Bank of China Bond (1933) — often nicknamed the "Red Farmer's Bond" — is a rare and visually striking piece of Chinese financial history.
🇨🇳 1933 Farmer’s Bank of China – 250,000 Yuan Bond (“Red Farmer’s Bond”)
🔹 Overview
This bond was issued by the Farmer’s Bank of China (中國農民銀行) during the Nanjing Decade (1927–1937), a period of modernization and national consolidation under Chiang Kai-shek’s Nationalist Government.
It was part of efforts to stabilize and develop the Chinese rural economy by raising funds through domestic and foreign investors. Bonds from this period are also reflective of pre-World War II Chinese fiscal and agricultural policy.
💰 Key Bond Details
Feature | Description |
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Issuer | Farmer’s Bank of China (中國農民銀行) |
Date Issued | 1933 |
Denomination | 250,000 Yuan |
Currency | Chinese Silver Yuan (银元) |
Interest Rate | Often not explicitly stated, but implied to offer yield on maturity |
Maturity | 10 years (typical), though exact terms vary by bond series |
Language | Bilingual: Chinese and English |
Color | Dominantly red – hence the nickname “Red Farmer’s Bond” |
Design Features | Elaborate border designs, traditional Chinese calligraphy, Western banknote layout, and printed red seals |
Serial Numbering | Unique for each bond – typically printed in red ink |
🖼️ Visual Characteristics
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Color: Deep red background, white text fields, gold embossed seal in some versions
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Paper: High-quality rag paper, anti-counterfeiting patterns
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Seals: Nationalist Government seal (KMT) and bank’s own chops
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Artwork: Agricultural motifs, Chinese traditional designs, possibly rice paddy or peasant illustrations
📜 Historical Significance
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The Farmer’s Bank of China was founded in 1933 by consolidating several provincial agricultural banks, and it played a crucial role in land reform and rural credit.
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These bonds were part of internal financing to support:
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Rural development
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Infrastructure (e.g., irrigation, roads)
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Rice and grain production
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The issuance coincided with the Great Depression, making it part of China’s strategy to resist external economic shocks.
🏷️ Alternate Names
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"Red Farmer's Bond"
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"Farmer’s Bank of China 250,000 Yuan"
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"1933 Agricultural Bond"
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Sometimes confused with provincial issues from Manchuria or Sichuan — but this one is central/Nationalist-issued
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