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5 Gourdes Treasury bond

Issuer République d'Haïti (Treasury)
Year 1915
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Reference(s) P#129
Obverse description Plain typeset design on pale grey paper with the national coat of arms vignette centred at top, flanked by the series designation 'SÉRIE AAA' to the left and serial number to the right. Large bold letterpress inscription 'BON DU TRÉSOR / CINQ GOURDES' occupies the centre, below which a clause in small type references the arrêté of 22 January 1915 and the authorising law of 22 September 1914. Two signature panels at the foot carry the titles 'LE DÉLÉGUÉ DES FINANCES' and 'LE DÉLÉGUÉ DU COMMERCE', with a manuscript signature visible under the latter. Corner numeral '5' repeated at all four angles within ornamental cartouches.
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Variants P#129a - red serial #
P#129b - black serial #
Comments

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.

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