V2 Treasury Bonds
batterytime
The eUS Department of the Treasury is pleased to announce a new set of eUS Treasury Bonds for V2.
Bonds will be sold for a period of 2 weeks, and sales will close at 23:59 eRepublik time, June 22nd 2010.
In this issuance, we will be offering a single type of bon
😛Type A bonds which will cost 1 gold each, with a maturation period of 3-4 months and 5.9% fixed interest.
TYPE A BONDS
•1 GOLD for each bond
•No limit on how many bonds you can purchase
•5.9% Fixed interest rate, payable when bond matures
•Bonds will mature in 3 months minimum, 4 months maximum
To purchase a bond, please donate X amount of gold to purchase X bonds to the following org in-game:
eUS Bonds
For this issuance, there will be NO form that you are required to fill out to indicate you have purchased your bond. Your donation of gold will serve as record of your purchase, and will be automatically recorded.
These bonds are officially issued from the eUS Department of the Treasury and the eUS Government and are effective starting today.
Secretary of the Treasury-batterytime
President of the United States-Chocolate McSkittles
Deputy Secretary of the Treasury-Dr. Tango
Deputy Secretary of the Treasury-AidenAstrup
Comments
BONDS! WHEE
I endorse the endeavor with my ultrapowerful presidential stamp of approval
Oh so sexy.
OMYGODBONDS
oh cool
I hear that cool presidents issue bonds...
This must be the money for invading mexico!
This is the official bond org you are to donate to. Surprisingly, I approve of this message as well.
Excellent idea!
I hear that bonds are actually GF's v2 tanking fund.
yet another bond i'll never be paid back on...sigh
Donated 9 gold, I better get 14.31 gold back >.>
\o/
I donated 5 gold 😃
"😉onated 9 gold, I better get 14.31 gold back >.>"
uh..are you sure thats 5.9%?
These bonds get great results without steroids.
You will get USD equivalent of the gold you should get AT THE MARKET PRICE. So don't worry, you won't get less money. 🙂
I once got these bonds. I payed in gold. I got back it back in dollars several months later. The dollar was then weaker so I made quite a loss... Go figure
Bought 2 Bonds.
Thanks!
yeah i have to say that im not entirely sure what the point of this is.... i mean we give you gold it stimulates things then u give it back... not to mention the value of a USD always fluctuates along with all other nations currency.... so i am just wondering how u expect to really pay use back the amount smiler to what we really would deserve, such as when recording who has what in bonds maybe add the value of a USD at the time of purchase just so that we wouldn't get cheated or overpaid for the bonds in question... it just seems if you only hold this for like two weeks then wouldnt you be also losing alot of money at the end for 3 months to pay back for mature bond, i mean if a bunch of people bought them then you would be paying back alot of money at once why not just sell them all the time and then have constant funding and when you find it necessary (have enough money with nothing to spend it on) just suddenly stop selling them and post that you will be selling more in the future.... i dont know im just a idiot when it comes to some of this stuff just dont borrow money from japan for a tax refund lol.
hmm should i...
ok,so im an idiot,but i donated 2 gold to this, hopefully i i will get something from this.
they just stick it in Tjelle, get 4.25%/month, which is like 3x more than what you get - you did say 5.9%, not 5.9%/month
lol government scam 😃 Only American (not every!) would buy those lol. Do you know that government prints 100.000 usd for 500 gold? 😉 So in few months they pay you back squat. then you pay interest to speculators then that 5.9% turns to be less than 4%, and if usd went down, you end up loosing money.
Bonds my a$$ hahaha 😃
Ludak021,
eSerbian Minister of Finance
batterytime's awesome
Eager to buy a few of these but just like hunterinmck said -- i'm also not entirely sure of such a long-term (atleast in this games' sense) bond. Two or three week bond? Sure. 3 or 4 month bond? No way. I only have a limited knowledge of bonds and things in real life, but my limited knowledge is even putting up a red flag.
The market and currency in this game fluctuates so much that it seems useless (unless thinking in roleplaying sense) to even have bonds in this game. I'm definitely not saying this is a scam, but with all of the limited information on this (who it is going to exactly, what it will be used for, how revenue is being generated to in turn give *me* back more than what I gave *you* -- it is disheartening.
I bought 4 bonds... I hope I get somthing out of this
Liberty Bonds