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20 Leva Bulgarian National Bank
| Issuer | Bulgarian National Bank |
|---|---|
| Year | 2005 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#121 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Двадесет Лева Българска Народна Банка (Translation: Twenty Leva Bulgarian National Bank) |
| Reverse description | Log in to see details |
| Reverse lettering | За подправка виновните се наказват съгласно закона Двадесет Лева Българска Народна Банка (Translation: For forgery the guilty are punished according to the law Twenty Leva Bulgarian National Bank) |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Bulgaria's in-house printing facility, established within the Bulgarian National Bank itself, has produced the country's circulating notes since 2001 — an arrangement that keeps security printing under direct state control and removes reliance on foreign contractors. The hybrid substrate used here was a deliberate shift from pure cotton paper, intended to extend note lifespan in circulation, where the 20 Leva denomination turns over frequently enough to justify the added production cost.
P#121 is a relatively long-running issue with few documented varieties. The watermark remains the primary listed security feature, modest by the standards of contemporary European issues.