This is the shareholding/shell corporation for a peace bond of the Imperium. This bond is backed by the full faith and credit of
Goonswarm Federation.
The terms and conditions of the bond are listed below:
- Each share has a face value of 1 billion ISK.
- Each share pays a dividend of 5% of the share's value per year, paid in monthly installments due on the 1st of each month, beginning on 1 March, 2023.
- At the current per-share value of 1B ISK, this works out to approximately 3.33M ISK per share per month.
- When shares are repurchased, their value or a portion thereof will be paid out to shareholders; this matures [a portion of] the bond. Full repayment of a share (i.e. it's face value) is equal to its initial sale price of 1B ISK.
- The alliance reserves the right to mature the bond and pay out the face value of shares (in whole or in part) at any time after the 12th payment, which is due on 1 March, 2024.
- In the event of a partial payout of the bond principal, the shares will convert to the remaining value, and continue to pay dividends based on the new value of the share.
- The alliance reserves the right to replace this shell corporation (Imperial Treasury Bonds Theta [TBILL]) with a new shell corporation if for some reason it becomes possible to mess with the structure of payouts via dumb EVE stuff; in cases where this is due to malice on the part of a bondholder they will forfeit their shares.
- Bond shares are transferrable and payouts will be made regardless of a shareholder's diplomatic standing with the Imperium.
LAST UPDATED: 2024-10-30 21:10:00