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| Issuer | Tesouro do Estado do Rio Grande do Sul |
|---|---|
| Year | 1932 |
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| Composition | Paper |
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| Obverse lettering | O THESOURO DO ESTADO DO RIO GRANDE DO SUL PAGARÁ AO PORTADOR A DOZE MEZES DESTA DATA CINCO MIL RÉIS E JUROS DE 4% AO ANNO. LEI Nº 523 DE 13 DE OUTUBRO DE 1930 E DECRETOS Nº 4738 DE 16 DE MARÇO DE 1931 E 4937 DE 5 DE FEVEREIRO DE 1932. PORTO ALEGRE, 1º de Maio de 1932. BONUS 5 Oswaldo Aranha THESOURO DO ESTADO DO RIO GRANDE DO SUL Lith. Da Livraria do Globo. Porto Alegre (Translation: The Treasury of the State of Rio Grande do Sul will pay the bearer, twelve months from this date, Five Thousand Réis and interest of 4% annually. Law Nº 523 of 13th October 1930 and Decrees Nº 4738 of 16th March 1931 and Nº 4937 of 5th February 1932. Porto Alegre, 1st May 1932. Treasury of the State of Rio Grande do Sul Lith. of the Globo Bookshop. Porto Alegre) |
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| Reverse lettering | THESOURO do ESTADO do RIO GRANDE do SUL Lithographia da Livr. Do Globo. Porto Alegre (Translation: Treasury of the State of Rio Grande do Sul Lithography of Globo Bookshop. Porto Alegre) |
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| Comments |
The 1932 Rio Grande do Sul state bonus issues were emergency instruments tied directly to the Constitutionalist Revolution — specifically to the financial strain on Getúlio Vargas's home state as Brazil fractured along regional lines following the 1930 coup. Series D indicates this is one of several sequential releases as demand for small-denomination scrip outpaced earlier printings.
Lithografia da Livraria do Globo was a Porto Alegre commercial printing house, not a security printer. The note's local manufacture reflects wartime expediency rather than any institutional preference.