Manhattan

Logan was stunned.

"Fifty billion yen? Why, that's..."

"Almost five hundred million dollars, at current exchange rates."

"The bond has a face value of five hundred million? What's it worth?"

"That is what Ogata wants us to find out. I might add that it is a bearer bond, completely transferable."

"A bearer bond? Where's the original?"

"In a safety deposit box at my bank."

"What are the terms?"

"It matures in 1999. Before then it can be exchanged into a Japanese government bond, a JGB, of the same maturity."