Due to a shortage of copper small-change coinage, the State Bank had to issue paper fractional treasury notes mirroring the copper denominations and additionally including notes of twenty and fifty kopecks.
The temporary notes of 1924 were issued by the People’s Commissariat of Finance with the authorization of the USSR Council of Labor and Defense, in accordance with the decree of the USSR Central Executive Committee and the Council of People’s Commissars of February 22, 1924, to ensure monetary circulation in the event of a shortage of small-change coinage. The 20-kopeck note was not issued and is known only in specimen form. They remained in circulation until August 31, 1926.