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Voucher - 150 Leva State Loan with Coupons
| Issuer | People's Republic of Bulgaria |
|---|---|
| Year | 1952 |
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| Composition | Log in to see details |
| Size | 175 x 95 mm |
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| Obverse description | Printed in red on cream paper, the bond face carries the Bulgarian state coat of arms at centre top, flanked by vignettes of agricultural and industrial scenes. The denomination '150' appears in guilloche ovals at all four corners, with Cyrillic inscriptions in the central field. Series designation and serial number are printed twice in black letterpress. |
|---|---|
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| Reverse description | Reverse is entirely unprinted, left blank on plain cream paper. |
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| Comments |
The 1952 Bulgarian state loan was a compulsory bond issue, not a voluntary financial instrument. Workers and state employees were expected — effectively required — to subscribe to these loans as a condition of employment, with deductions taken directly from wages. The 150 Leva denomination represented a significant chunk of an average monthly salary at the time, making the "voluntary" framing in official propaganda particularly hollow.
The attached coupon strip allowed holders to claim periodic interest payments, though in practice many coupons went unredeemed. The Bulgarian government quietly discontinued the forced loan program in 1957, and most surviving vouchers were never cashed out.