120 dollars 1923

Issued by: Reichsschuldenverwaltung.
Schatzanweisung (Treasury Bond) to replenish foreign exchange reserves of the German Reich
nominal value 5 US Dollars, redeemable after 3 years for 6 US Do.. Read more »llars (i.e. 6.26% interests p.a.)
it is believed that at least the lower denominations - 5 (6) and 10 (12) Dollar - were used for private payments and in retail trade
the higher denominations - 20 (24) to 100 (120) Dollar - were definitely used in wholesale and foreign trade
at the end of 1924 the Reichsbank took over the debts for this emission from the Reichsschuldenverwaltung and was able to fully redeem the bonds in time.

Country:	Germany
Type:	Circulation banknotes
Series:	Treasury Certificates
Nominal:	120 dollars
Year:	1923
Material:	Paper