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250 So'm - State Bond
| Issuer | Ministry of Finance of the Republic of Uzbekistan |
|---|---|
| Year | 1992 |
| Type | Vouchers |
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| Obverse description | Green guilloche underprint frames the large Cyrillic title inscription across the upper portion, with the denomination numeral 250 in a circle at right. The Uzbek national emblem appears centrally, flanked by series, discharge, and bond number fields. Ornamental borderwork with interlocking geometric patterns runs along all edges. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is printed entirely in green on plain paper, headed by the large Cyrillic denomination title and numeral 250 within a guilloche cartouche at top. The body contains ten numbered clauses setting out the full terms of the 12% domestic lottery loan, with a prize table in tabular form. The Goznak copyright notice and year appear at lower right. |
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| Comments |
Uzbekistan declared independence in August 1991 but did not introduce its own currency until November 1993, spending the intervening two years in an awkward monetary limbo — still dependent on Soviet and then Russian ruble supplies while building the institutional infrastructure to issue its own money. These state bonds, issued by the Ministry of Finance rather than a central bank, were part of that stopgap architecture: quasi-monetary instruments designed to absorb domestic purchasing power without committing to a full currency reform.
Goznak in Moscow printed them, which was an entirely practical arrangement — Uzbekistan had no sovereign printing facility and the political break with Russia was newer than the supply contracts.