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This document represents a Five-Year Treasury Bond issued by the Kingdom of Italy on June 15, 1943, during World War II. The bond is part of the First Series, with a nominal value of Lire 1,000, paying an annual interest rate of 5%. It was issued under the Royal Decree Law of May 26, 1943 (XXI Year of the Fascist Era).
Key Features:
- Series: Prima Serie (First Series)
- Nominal Value: Lire 1,000
- Interest Rate: 5% per year
- Date of Issue: June 15, 1943
- Maturity Date: June 15, 1948
- Exemption from Taxes: The bond is exempt from all present and future taxes.
- Location of Issuance: Rome
- Signature: Director General of the Treasury
Design and Imagery: The bond is beautifully decorated with symbolic elements reflecting the propaganda of the era. The left side features imagery of an Italian soldier and a worker, symbolizing the union of military strength and labor during the war effort. The intricate border and watermark designs emphasize the importance of the bond as both a financial instrument and a patriotic contribution to the state.
Purpose of the Bond: These bonds were issued as a way for the Fascist government to secure funds from the public to support the ongoing war efforts. Citizens were encouraged to invest in these bonds, which not only offered a financial return but also supported the national cause during a period of intense conflict.
Redemption and Payments:
- The bond offers semi-annual interest payments on January 1st and July 1st each year.
- The principal amount, along with any accrued interest, is redeemable upon maturity on June 15, 1948.
- Payments were to be made at designated Treasury offices, as well as colonial and overseas territories.
Historical Context: The issuance of this bond came during a crucial phase of World War II when Italy was under intense pressure both economically and militarily. The Fascist regime leveraged such financial instruments to raise funds internally, appealing to citizens' patriotism while promising a safe investment in the future of the nation.
Collectible Value: Today, these bonds are highly sought after by collectors of historical financial documents, especially those interested in World War II and Fascist-era memorabilia. They serve as a testament to the economic strategies employed by the Italian state during one of the most challenging periods in its history.
