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The centuries-old debt that's still paying interest

Tom Scott

The centuries-old debt that's still paying interest

Tom Scott visits Yale's archives to look at a 367-year-old bond from a Dutch water authority that is still paying interest. Finance professor Geert Rouwenhorst explains how it works.

Shared as a short, interesting explainer on very long-lived financial instruments.

3 Hacker News mentions · 2021–2026

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