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5000 Leva
| Issuer | Bulgarian National Bank |
|---|---|
| Year | 1922 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Paper |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | ЦАРСТВО БЪЛГАРИЯ УПРАВЛЕНИЕ НА ДЪРЖАВНИТЕ И НА ГАРАНТИРАНИТЕ ОТ ДЪРЖАВАТА ДЪЛГОВЕ ДЪРЖАВЕНЪ СЪКРОВИЩЕНЪ БОНЪ ЛЕВ 5.000 ПИДИ ПЕТ ХИЛЯДИ БЪЛГАРСКА НАРОДНА БАНКА |
| Reverse description | The reverse is dominated by a detailed interest and redemption value table («Стойност») in the lower half, listing the accrued worth of the treasury bond at 5% annual interest over multiple months and years. The upper portion carries a legal text block in Cyrillic setting out the statutory basis for issuance, referencing decrees and laws governing state-guaranteed debt obligations, followed by a penalty clause citing articles 183 and 191 of the Penal Code. The layout is typeset in letterpress with two punch cancellation holes visible at centre. |
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| Comments |
Bulgaria emerged from the First World War on the losing side, stripped of territory by the 1919 Treaty of Neuilly and saddled with reparations it could not pay. The 1922 high-denomination notes were a direct response to the inflation that followed — 5000 Leva had been an unthinkable face value a decade earlier.
Giesecke & Devrient had supplied Bulgarian banknote printing since before the war, and the relationship continued uninterrupted despite the political upheaval. The Leipzig connection was purely logistical; Bulgaria lacked a domestic security printing facility of sufficient capability.
P#28 is among the scarcer issues of the interwar Bulgarian series — the high denomination meant limited print runs relative to smaller notes.