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| Issuer | Bulgarian National Bank |
|---|---|
| Year | 2009 |
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| Composition | Cotton paper |
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| Obverse description | A portrait vignette of Bulgarian painter Ivan Milev occupies the centre of the note, rendered against a multicolour guilloche underprint. A vertical hologram stripe runs along the left side, alternating images of a flower, the numeral "5", and the Cyrillic text "ЛЕВА". The denomination and issuer name appear in Cyrillic script, with the artist's name and life dates inscribed below the portrait. |
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| Reverse description | The reverse is dominated by a richly detailed collage of motifs drawn from paintings by Ivan Milev, rendered in an intricate multicolour intaglio and letterpress composition in shades of rose, green, and grey. A stylised female figure in traditional dress occupies the central vignette, surrounded by ornamental floral and geometric elements characteristic of Milev's decorative Art Nouveau-influenced style. The large numeral "5" appears in the upper right and lower left corners, flanked by the issuer name and denomination in Cyrillic along the left margin and right panel respectively. |
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| Comments |
Bulgaria's post-communist banknote series underwent a quiet redesign program in the 2000s, with revised security specifications introduced incrementally across denominations rather than as a single reissue. The P#116B is one of these updated iterations — same basic design as its predecessors in the series, but with adjusted security elements reflecting upgraded specifications adopted after Bulgaria's accession to the EU in 2007.
Gogov designed the broader series, and the notes have been printed domestically throughout — the BNB's in-house printing works in Sofia having produced Bulgarian currency continuously since 2001.