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The image displays a historical financial document, a bond certificate, presented in what appears to be a museum or exhibition setting, indicated by the number "16" next to it. The document is held in a clear protective sleeve with small metal clips.

The primary subject is a "Revenue Bond" (ОБЛИГАЦИЯ) issued by the "Gorky Automobile Plant (GAZ)," an open-type stock company located in Nizhny Novgorod, Russia. The bond is for the "First Automobile Loan" and is issued to the bearer. It features the GAZ logo, depicting a deer or elk, and a stylized image of a GAZelle light truck.

Notable details on the bond include its individual value of "FIVE HUNDRED THOUSAND ROUBLES" (500,000 Roubles), shown numerically in the corners and written out. The total bond issue amount is "200,000,000,000 ROUBLES." The bond's issue date is "31. 01. 1995," with a paying-off date of "31. 01. 1997," and it offers an "ANNUAL RATE OF INTEREST" of "10%" (calculated on bond price in US dollars). The bond is signed by N. A. Pugin, the President of JSC "GAZ," and S. V. Kukushkin, the Chief Accountant. It is also noted that the bond issue was registered by the Ministry of Finance of the Russian Federation on September 15, 1994, and printed by the Moscow Goznak Printing House in 1994. The bond's serial number is 000001, and it belongs to Series B.
FM-fjc1s2

Jun 3, 2026, 1:39 PM

Nizhny Novgorod, Russia

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The image displays a historical financial document, a bond certificate, presented in what appears to be a museum or exhibition setting, indicated by the number "16" next to it. The document is held in a clear protective sleeve with small metal clips. The primary subject is a "Revenue Bond" (ОБЛИГАЦИЯ) issued by the "Gorky Automobile Plant (GAZ)," an open-type stock company located in Nizhny Novgorod, Russia. The bond is for the "First Automobile Loan" and is issued to the bearer. It features the GAZ logo, depicting a deer or elk, and a stylized image of a GAZelle light truck. Notable details on the bond include its individual value of "FIVE HUNDRED THOUSAND ROUBLES" (500,000 Roubles), shown numerically in the corners and written out. The total bond issue amount is "200,000,000,000 ROUBLES." The bond's issue date is "31. 01. 1995," with a paying-off date of "31. 01. 1997," and it offers an "ANNUAL RATE OF INTEREST" of "10%" (calculated on bond price in US dollars). The bond is signed by N. A. Pugin, the President of JSC "GAZ," and S. V. Kukushkin, the Chief Accountant. It is also noted that the bond issue was registered by the Ministry of Finance of the Russian Federation on September 15, 1994, and printed by the Moscow Goznak Printing House in 1994. The bond's serial number is 000001, and it belongs to Series B.

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FM-fjc1s2

Jun 3, 2026, 1:39 PM

Nizhny Novgorod, Russia

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