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5 Gourdes Treasury bond

Issuer République d'Haïti (Treasury)
Year 1915
Type Standard circulation banknote
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Obverse lettering LIBERTÉ-ÉGALITÉ-FRATERNITÉ
RÉPUBLIQUE D'HAÏTI
SÉRIE AAA
BON DU TRÉSOR
CINQ GOURDES
Emis en vertu de l'Arrêté du 22 Janvier 1915. Remboursable par la moitié des droits de douane disponibles or et gourdes, et par l'émission autorisée par la loi du 22 Septembre 1914
LE DÉLÉGUÉ DES FINANCES
LE DÉLÉGUÉ DU COMMERCE
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Reverse lettering LA LOI PUNIT
DE MORT
LE CONTREFACTEUR
CINQ GOURDES
5
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Haiti's 1915 Treasury bonds were issued under conditions of acute financial desperation — the country was weeks away from the U.S. Marine landing in July of that year, which preceded the American occupation that would last until 1934. These instruments were essentially emergency domestic debt, circulating as currency substitutes when the Banque Nationale d'Haïti's reserves were already compromised by French and German creditor pressure.

Pick 129 is among the less-documented Haitian issues of the period. Surviving examples are genuinely uncommon, partly because Treasury bond-style notes were often redeemed or destroyed when the occupation administration reorganized Haitian public finances after 1915.