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Voucher - 20 Leva State Loan
| Issuer | People's Republic of Bulgaria |
|---|---|
| Year | 1952 |
| Type | Vouchers |
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|---|---|
| Obverse lettering | НАРОДНА РЕПУБЛИКА БЪЛГАРИЯ ДЪРЖАВЕН ЗАЕМ ЗА РАЗВИТИЕ НА НАРОДНОТО СТОПАНСТВО 1952 г. ОБЛИГАЦИЯ Серия Серия 20 ДВАДЕСЕТ ЛЕВА НА ПРИНОСИТЕЛ София 1952 год. (Translation: PEOPLE'S REPUBLIC OF BULGARIA STATE LOAN FOR DEVELOPMENT OF THE NATIONAL ECONOMY 1952 BOND Series Series 20 TWENTY LEVA TO THE BEARER Sofia 1952) |
| Reverse description | Plain cream paper with a letterpress-printed prize redemption table in Cyrillic text, detailing the lottery draw schedule over 40 draws for bonds of 200 leva face value. A heading and several paragraphs of legal conditions govern the repayment terms, with prize amounts ranging from 400 to 40,000 leva listed in tabular form. |
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| Comments |
The 1952 Bulgarian state loan vouchers were instruments of the forced subscription campaigns that followed the Soviet model closely — workers and civil servants were expected to "voluntarily" purchase bonds, with deductions taken directly from wages. The 1952 loan was one of several such drives conducted under the early People's Republic, ostensibly to fund industrial reconstruction but functioning primarily as a mechanism for draining private purchasing power from the economy.
Redemption was repeatedly deferred, and many holders never recovered the face value.