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10 000 Roubles STATE TREASURY 5% SHORT TERM OBLIGATIONS
| Issuer | State Treasury of the Russian Empire |
|---|---|
| Year | 1915 |
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| Shape | Rectangular |
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| Obverse description | The obverse is printed in red and black on white paper, with a decorative border enclosing the full text of the obligation. The Imperial double-headed eagle arms appears at centre between the issue date of 1 August 1915 and the repayment date of 1 February 1916. The denomination in Cyrillic script is printed in bold across the middle, with the body text setting out the terms of the 5% short-term treasury obligation, two manuscript signatures of departmental officials, and a bilingual footnote in Russian and French at the foot. |
|---|---|
| Obverse lettering | КРАТКОСРОЧНОЕ ОБЯЗАТЕЛЬСТВО ГОСУДАРСТВЕННАГО КАЗНАЧЕЙСТВА десятаго выпуска 1915 года 10.000 Р. №0000 10.000 Р. СРОКЪ ВЫПУСКА: 1 Августа 1915 г. СРОКЪ УПЛАТЫ: 1 Февраля 1916 г. ДЕСЯТЬ ТЫСЯЧЪ РУБЛЕЙ. Директоръ Департамента Государственнаго Казначейства Начальникъ Бухгалтерскаго Отдѣла Бухгалтеръ Bon du Trésor de DIX MILLE roubles. Remboursable le 1/14 Février 1916 Intérêts: 5% l'an, depuis le 1/14 Août 1915 |
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| Comments |
These 5% short-term obligations were issued by the Imperial Treasury as a wartime fiscal instrument — not conventional currency in the modern sense, but bearer bonds designed to circulate as money while simultaneously servicing Russia's catastrophic First World War financing needs. The dual function was deliberate: by paying 5% interest, the Treasury hoped to discourage hoarding and encourage voluntary acceptance alongside coin, which was disappearing from circulation at speed by 1915.
Pick catalogues two varieties for this emission; the B suffix distinguishes a specific serial or signature configuration. Forgeries of the series are documented.