Lucky bhaskar with honesty??

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playdime

A forever bond that never matures, yet earns interest

Most bonds mature eventually and are redeemed after periods of months, years, or even decades. And then there are so-called perpetual bonds.

On Dec. 10, 1624, a Dutch water authority called Hoogheemraadschap Lekdijk Bovendams sold a bond for 1,200 Carolus guilders to a woman in Amsterdam, promising to pay 2.5% interest in perpetuity.

Source:

https://fortune.com/2024/12/15/bond-400-years-a...

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"Low" interest for a "developed" nation's citizen??

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