These bonds were popular in the past because they provided anonymity. Nowadays, they are rare […] The post How Bearer Bonds Work and How to Invest in Them appeared first on SmartReads by SmartAsset.

Bearer bonds were unique because they were unregistered and there was no record of who bought and sold them. As long as you physically had the bearer bond in your possession, it was yours.

One famous example is the 1987 movie "Beverly Hills Cop II". In the film, the main villain, Theo, steals a bearer bond certificate and uses it to finance his criminal activities.

Bearer bonds are similar to traditional bonds but do not have a registration requirement — rather than being registered to a specific, named owner, they can be redeemed by whoever possesses them.

Bearer bonds are similar to traditional bonds but do not have a registration requirement — rather than being registered to a specific, named owner, they can be redeemed by whoever possesses them.

Respective bearer bonds have a life of up to seven months Source text for Eikon: Further company coverage: ($1 = 0.9082 euros) Sign up here.

A purported $134 billion in U.S. government bearer bond certificates seized by police near the Italian-Swiss border are fake, the U.S. Treasury said on Friday.