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1000 Leva
| Issuer | Glavna Direktsia na Darzhavnite i Garantiranite ot Darzhavata Dlugove (Main Directorate of State and State-Guaranteed Debts) |
|---|---|
| Year | 1943 |
| Type | Log in to see details |
| Value | 1000 Leva |
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| Obverse description | The face is printed in red on a fine guilloche underprint. The state arms of the Kingdom of Bulgaria appear at right within the central text panel. The upper portion carries the inscription ЦАРСТВО БЪЛГАРИЯ (Kingdom of Bulgaria) flanked by the denomination numeral 1000 repeated at each corner. A central text block states the bond terms, serial number, and maturity date of 15 June 1945, with signature lines for the Director of State Debts and the Minister of Finance at lower centre. |
|---|---|
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| Reverse description | The reverse is printed in blue on a guilloche underprint and carries an extensive interest redemption table titled СТОЙНОСТ (Value) at centre, listing daily accrued values of the 3% annual coupon payable on the 5th, 15th, and 25th of each month from 1943 to 1945. A preamble text block at top cites the legal authority for issuance and the permitted uses of the bond as collateral. The denomination numeral 1000 appears in each corner within ornamental cartouches. |
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| Comments |
Bulgaria's wartime fiscal administration was handled through the Glavna Direktsia rather than the Bulgarian National Bank for certain high-denomination issues — an institutional arrangement that reflected the government's need to keep large-denomination paper obligations off the central bank's balance sheet during a period of significant military expenditure tied to Bulgaria's alignment with the Axis.
The 1943 date places this note squarely in the period of accelerating inflation that would culminate in the postwar monetary collapse. By 1947, the lev was redenominated at 100:1.