The new regime stemming from the Bolshevik Revolution (1917) did not recognize the debts contracted by the old regime and declared all these debts "null". All foreign enterprises, and thus financed by foreign capital, present on the territory were nationalized.
Thus the new regime took control of almost 15 billion Euros (600 billion FB) of assets BELGES (without interest), Decree of Lenine - February 1918.
Many small savers have found themselves ruined with many government bonds or Russian cities, or shares of Russian companies. Which explains why these titles are present in large quantities on the market of the collection.
Opposite, loan of 10,000,000 rubles issued by the city of Odessa in 1902, obligation of 100 rubles.