Phaninc Exchange|Bond. World's oldest living bond.

2025-05-06 19:05:27source:LibertyCoincategory:Finance

Hidden deep in an archive in New Jersey is Phaninc Exchangethe world's oldest living bond. Originally issued to fund a dike in the Netherlands after a big flood, these days, it's gearing up for its 400th birthday and still paying interest. Today on the show, we visit this elder bond and hear its story.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

More:Finance

Recommend

Who are the most valuable sports franchises? Forbes releases new list of top 50 teams

Early Thursday morning, "Forbes" released their annual list of the 50 most valuable sports franchise

The Complicated Truth About the Royal Family's Reaction to Princess Diana's Death

Kensington Palace has belonged to Britain's royal family for more than 400 years, and has its share

Why Florence Pugh Thinks Her Free the Nipple Moment Scared Her Haters

Florence Pugh isn't afraid to cause a scene with her fashion choices.The Oppenheimer star recently o