Imperial Government of Russia 3 1/2% 1894 Gold Bond (Uncanceled)
Inv# FB6181 Bond
125 Gold Roubles 3 1/2% Bond. Uncanceled.
The Russian ruble or rouble (Russian: рубль rublʹ; symbol: ₽, руб; code: RUB) is the official currency of the Russian Federation, and unofficially used in the two partially recognised republics of Abkhazia and South Ossetia and the two unrecognised republics of Donetsk and Luhansk. The ruble is subdivided into 100 kopeks (sometimes written as kopecks or copecks; Russian: копе́йка kopeyka, plural: копе́йки kopeyki). As of April 2019, the Russian ruble is the seventeenth most traded currency in the world, and a free-floating currency.
In September 1993, the Soviet ruble (code: SUR) was replaced with the Russian ruble (code: RUR) at the rate 1 SUR = 1 RUR. In 1998, preceding the financial crisis, the Russian ruble was redenominated with the new code "RUB" and was exchanged at the rate of 1,000 RUR = 1 RUB.
The ruble was the currency of the Russian Empire and of the Soviet Union (as the Soviet ruble). However, today only Russia, Belarus and Transnistria use currencies with the same name. The ruble was the first currency in Europe to be decimalised, in 1704, when the ruble became equal to 100 kopeks, and the ruble is also the second-oldest currency still in circulation, behind Pound sterling.
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.
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