Catalog
5000 Leva
| Issuer | Balgarska Narodna Banka (Bulgarian National Bank) |
|---|---|
| Year | 1922 |
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| Currency | First lev (1881-1952) |
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|---|---|
| Obverse lettering | Държавен Съкровищен Бон УПРАВЛЕНИЕ НА ДЪРЖАВНИТЕ И НА ГАРАНТИРАНИТЕ ОТЪ ДЪРЖАВАТА ДЪЛГОВЕ Капиталъ 5000 лева златни Лихва 5% за 1 година 250 Всичко 5250 лева златни ПЯТЬ ХИЛЯДИ 5.000 ЛЕВ А СОФИЯ, 10 Февруари 1919 г. Министър на финансите Директор на държавните дългове |
| Reverse description | The reverse carries a lengthy legal text in Cyrillic under the heading ИЗДАДЕНЪ ВЪЗ ОСНОВА, enumerating the legislative acts authorising issuance of the bond, followed by conditions of acceptance at Bulgarian National Bank branches and other state institutions. The lower portion is occupied by a detailed interest table (Стойность) headed Държавен съкровищен бонъ при 5%, presenting redemption values in лева and стотинки across monthly columns from февруари through февруари for varying principal amounts. |
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| Comments |
Bulgaria's postwar finances were in ruins by 1922 — reparations imposed under the Treaty of Neuilly (1919) had stripped the country of territory, livestock, and hard currency, forcing the Narodna Banka to issue high-denomination notes to manage a rapidly inflating money supply. The 5000 Leva was an extraordinary face value for the period; before the war, such a sum would have been a substantial commercial figure.
Giesecke & Devrient had maintained their Leipzig printing relationship with Sofia through the war years and continued into the reconstruction period. The P#27A designation distinguishes this from later signature variants within the same issue run.