100 Livres

The Banque Impériale Ottomane — nominally a Franco-British joint venture but effectively an instrument of Istanbul's wartime administration by 1916 — issued this 100 Livres during the most financially strained period of the Ottoman war effort. The empire had been cut off from its European creditors, and paper emissions of this size were used partly to service military expenditures the treasury could not otherwise cover.

Printing arrangements during the war years were complicated by the severing of normal ties with European security printers. Whether this note was produced locally or under substitute arrangements remains a point of some bibliographic dispute.