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| Issuer | Bulgarska Narodna Banka (Bulgarian National Bank) |
|---|---|
| Year | 1919 |
| Type | Standard circulation banknote |
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| Obverse description | A short-term treasury bond (срочен касов бон) format note issued from Sofia, dated 25 декември 1919 година (25 December 1919), with the denomination 2000 printed in red at all four corners against a fine guilloche underprint. The central text in Cyrillic script states the obligation of the Bulgarska Narodna Banka to pay the bearer two thousand leva, valid until 31 March 1920, with signature lines for Контрольор (Controller), Управител (Governor), and Касиер (Cashier) at the lower portion. A vertical Cyrillic bank name inscription runs along the left border. |
|---|---|
| Obverse lettering | БЪЛГАРСКАТА НАРОДНА БАНКА плаща предявителю въ замѣна на тоя срочен касовъ бонъ двѣ хиляди лева. Важи до тридесеть първи мартъ 1920 год. София, 25 декември 1919 година. Контрольоръ: Управитель: Касиеръ: Б. № 00000 |
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| Comments |
Bulgaria's postwar financial position in 1919 was dire. The Treaty of Neuilly, signed November 1919, imposed heavy reparations on the country following its defeat as a Central Powers ally, and the Bulgarian National Bank was effectively printing its way through a sovereign debt crisis. The 2000 Leva denomination — unusually large for the period — reflects the inflationary pressure already building in the domestic economy before the reparations burden had even fully landed.
The P#26H suffix designation indicates a late signature or control variety within a long-running series, which complicates precise dating within the 1919 issue year.