RUSSIA USSR State Loan Bond 25 rubles

Treasury bonds were issued in denominations of 10, 25, 50, 100, 200, 500 and 1000 rubles, since 1939 and until 1946 (Bonds of Rebuilding) to an annual interest of 4%. The designs are striking and very partiotic, as illustrated. All denominations of an issue have the same vignettes. They were printed by the Soviet state printer, Gosnak. The paper is watermarked with wavy horizontal lines.

The post-war period of reconstruction and development of the national economy of the USSR includes fourteen loans. The cost of credit for the loans states ranged from 4 to 2%, while government borrowing term is defined in 20 years. Since 1949, the year produced a state loan.