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1262

Calendar year From Wikipedia, the free encyclopedia

1262
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Year 1262 (MCCLXII) was a common year starting on Sunday of the Julian calendar.

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Hulagu Khan is defeated by his cousin Berke Khan at the Terek River (1262).
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  • The Venice Senate starts consolidating all of the Republic's outstanding debt into a single fund, later known as the Monte Vecchio. The holders of the newly created prestiti are promised a 5% annual coupon. These claims can be sold, and quickly (before 1320) give rise to the first recorded secondary market for financial assets, in Medieval Europe.[3]

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