-issued bank notes (national bank notes) and central bank-issued bank notes (Federal Reserve notes) were simultaneously in … Federal Reserve notes were not issued to be a superior currency to national bank notes. Rather, they were issued to enable the … eventually eliminate national bank notes was that they were potentially a source of bank reserves. As such, they could have …

The creation of the Bank of Lisbon in December 1821, in the context of the Portuguese liberal revolution of 1820 …