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One Dollar - NZ Post Office Bonus Bond

Emittent New Zealand Post Office (Postmaster-General of New Zealand)
Jahr
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Größe 128 × 76 mm
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Vorderseitenbeschreibung Anmelden um Details zu sehen
Vorderseitenlegende $1 POST OFFICE BONUS BOND ISSUED BY THE POSTMASTER-GENERAL OF NEW ZEALAND UNDER THE POST OFFICE ACT 1959 NOT TRANSFERABLE ONE UNIT
Rückseitenbeschreibung Anmelden um Details zu sehen
Rückseitenlegende Bonds are issued under the terms of the Prospectus relating to Bonus Bonds. Each bond is registered at the Bonus Bonds Centre, Dunedin, in the name of the holder. It is of no value to anyone but the registered holder, who may identify this bond with his initials in the box below. The purchase price of this bond is repayable in full on application to the Bonus Bonds Centre. An application form may be obtained at any Savings Bank Post Office. In the event of the holder's death the personal representative may obtain at any Savings Bank Post Office a form to state his entitlement to claim repayment of this bond. On changing name or permanent address, the holder should immediately inform the Bonus Bonds Centre quoting full names and old and new addresses. HOLDER'S INITIALS Any correspondence relating to Bonus Bonds should be addressed to the Post Office Bonus Bonds Centre, Dunedin, and the serial numbers of the bonds concerned should be quoted. Leaflets giving fuller information, including range of prizes, may be obtained at Post Offices.
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Anmerkungen

New Zealand Post Office Bonus Bonds were not banknotes in any monetary sense — they were a savings scheme instrument, with the "bond" format deliberately designed to resemble currency and encourage small depositors. The Postmaster-General administered the scheme rather than the Reserve Bank, placing these squarely outside the normal note-issuing apparatus. Prizes were drawn periodically from a pool funded by interest earnings, meaning bondholders received no guaranteed return but retained the full face-value principal.

The scheme launched in 1970 and the Post Office retained administration until corporatization in the late 1980s transferred it to other hands.

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