The 5% Railway Conversion Loan of 1926 was issued to exchange railroad bonds secured on the state railroads of the former Austrian district:
- Hungarian-Galician Railway bonds
- bonds of the Emperor Ferdinand Northern Railway
- bonds of the Galician Railway of Charles Ludwig
- bonds of the Archduke Ferdinand Railway
- bonds of the Lviv-Czernivtsy-Jassy Railway Company
Paper with watermark "rhomboids" (Type IV according to J. Mazur Catalog)
