5% Bond of 187.50 Rbl or 500F or 19.16£ issued in Yalta in 1911

Conditions of the loan at the reveserr (in Russian and French).

This loan of 2,499,937.50 Roubles was issued to cover expenses the debts of the city, waterworks, spa equipment, restaurant...

Each bond, issued to bearer, has the signature of the Mayor or its representant.

Design with a coat of arms.

With coupons