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20 Pesos Fuertes Administración de la Deuda Pública
| Issuer | Administración de la Deuda Pública del Paraguay |
|---|---|
| Year | 1899 |
| Type | Log in to see details |
| Value | 20 Pesos |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Designer(s) | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | REPÚBLICA DEL PARAGUAY LA NACION RECONOCE ESTE BILLETE POR 20 VEINTE PESOS FUERTES QUE PAGARÁ CONFORME Á LA LEY DE 18 DE NOVIEMBRE DE 1899. (Translation: Republic of Paraguay The Nation recognizes this note for Twenty Pesos Fuertes That will pay according to the Law of November 18th., 1899.) |
| Reverse description | Log in to see details |
| Reverse lettering | REPÚBLICA DEL PARAGUAY 20 (Translation: Republic of Paraguay) |
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| Comments |
Paraguay's Administración de la Deuda Pública — the public debt administration — issued these notes during a period of profound fiscal strain following the ruinous War of the Triple Alliance, which had effectively destroyed the country's economic infrastructure and reduced its population by more than half. By the 1890s, successive governments were still managing a debt burden that dwarfed any realistic revenue base, and this series was a direct instrument of that management rather than conventional circulating currency.
The blank signature line for the second countersignatory pair is notable. Unfilled co-signatures on ABNC-printed Paraguayan notes of this period suggest either interrupted issuance or notes held in reserve stock.