Tysiac Marek Polskich - State Premium Loan - 1920 dated 1,000 Polish Marks Bond - Poland
Inv# FB6570 BondThe Polish–Soviet War, which took place from February 14, 1919, to March 18, 1921, was primarily a conflict between the Second Polish Republic and the Russian Soviet Federative Socialist Republic, occurring in the aftermath of World War I and the Russian Revolution. Following the disintegration of the Central Powers and the Armistice on November 11, 1918, Vladimir Lenin's Soviet Russia repudiated the Treaty of Brest-Litovsk and advanced westward to reclaim the Ober Ost territories that had been vacated by the Germans. Lenin perceived the newly sovereign Poland as a vital conduit for disseminating communist revolutions across Europe. Concurrently, Polish leaders, notably Józef Pi?sudski, sought to restore Poland's borders to their pre-1772 configuration and to solidify the nation's standing in the region. Throughout 1919, Polish military forces occupied significant portions of what is now Lithuania and Belarus, achieving victory in the Polish–Ukrainian War. Nevertheless, Soviet forces regained momentum following their successes in the Russian Civil War, prompting Symon Petliura, the head of the Ukrainian People's Republic, to forge an alliance with Pi?sudski in 1920 to counter the advancing Bolshevik threat.
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.
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