The purpose of the issuance of the 4% Consolidation Loan of 1936 was to convert a number of state loans of the Second Republic. Some were subject to forced conversion (under the sanction of loss of interest - the 5% State Land Pension Series I of 1927, the 4% Bonus Investment Loan of 1928, the 3% Bonus Construction Loan Series I of 1930, the 5.5% Construction Loan Series II of 1934, the 5% State Perpetual Pension of 1934 and the 6% Investment Loan of 1935). Bonds of the 6% National Loan of 1934 were also accepted for voluntary conversion.
Set of 5 pieces:
- PLN 50
- 100 zlotys (2 pieces)
- 500 zlotys
- 1,000 zlotys
The lower denominations of 50 zloty and 100 zloty are among the popular ones, the denominations of 500 zloty and 1,000 zloty are already less common.
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