|
|
|
The Monetary Authority of Singapore (MAS)
today announced that $2 polymer notes will be issued from 12 Jan 2006,
when the $2 paper notes stock is expected to be depleted. |
|
The $2 polymer notes will be introduced in
phases. The paper notes will circulate alongside and continue to be
legal tender. |
|
From the experience in several countries,
polymer notes are more durable and resistant to soiling than paper notes
and are also more cost-effective. |
|
Together with the favourable feedback from
the public, banks and note handling machine operators on the $10 polymer
notes issued in May 2004, MAS has decided to issue $2 polymer notes. |
|
Availability and Usage |
|
The $2 polymer notes will be available at
banks. MAS has been working closely with banks, transport companies and
major machine operators to have the Cash Deposit Machines, MRT General
Ticketing Machines and other note accepting machines recalibrated to
accept $2 polymer notes. |
|
Design |
|
As with the $10 polymer notes, MAS has
continued with the portrait series for the $2 polymer notes as the
public is familiar with the series. The $2 polymer and paper notes have
the following similarities: |
- Portrait of Singapore's first
President, the late Encik Yusof bin Ishak, on the front, and images
related to the Education theme at the back
- Same colour (predominantly purple)
- Same size (126 mm x 63 mm)
|
|
We have also incorporated security features
unique to polymer technology that are found on $10 polymer notes. They
are: |
- Two see-through windows - one on the
top-left hand side, and the other at the bottom-right corner
- A stylised gold Singapore Lion symbol
with a hidden image, beside the top-left hand window. An image of the
Singapore Arms will appear at varying angles
- The security thread now takes the
shape of the Singapore island instead of a straight line
|
|
Please see the
Annex for further details. |
|
More..... |
|
Source:
www.mas.gov.sg Press Release 22 Dec
2005 |
|
 |
|
Important
Notice |
|
Our FrontPage
Editions are a historical record of our Web site and reflect
the changing of the times, and also of our Web site through
time. We do not and will not update the links and stories on
these FrontPages even if they have become obsolete. |
|
FrontPage Edition: Thu 22 Dec 2005
All rights reserved
