1.000 Livres Turques

The Dette Publique Ottomane — the Ottoman Public Debt Administration — was a European-controlled body established in 1881 after the empire's catastrophic 1875 default, giving foreign creditors direct authority over Ottoman revenue streams. That this institution was issuing currency by 1918 reflects how completely the empire's financial infrastructure had collapsed under the weight of four years of war. The OPDA stepped in where the central treasury could not function.

P#115 is among the highest denominations of this emergency series. By the time these notes circulated, Ottoman paper had suffered severe depreciation — the 1,000 livre face value represented a nominal sum that purchasing power had largely hollowed out.