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The Monetary Authority of Singapore (MAS)
will issue new $5 polymer notes from 18 May 2007. |
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This is the third denomination in the
Portrait Series to be converted from paper into polymer. The $5 polymer
notes will circulate alongside the $5 paper notes, both of which will
remain legal tender. |
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As with the $2 and $10 polymer notes, MAS
has retained the portrait series design for the $5 polymer notes as it
is familiar to the public. The $5 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
of the Garden City theme at the back.
• Same colour (predominantly green).
• Same size (133 mm x 66 mm).
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The $5 polymer notes also include security
features unique to polymer technology which are similarly found in $2
and $10 polymer notes. They are: |
• Two see-through windows ¨C 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 in the shape of the Singapore island.
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Please see the Annex for further
details. |
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The $5 polymer notes will be available
at banks. MAS has been working closely with relevant 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 the new $5 polymer
notes, based on their respective machine calibration plans. |
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Mrs Foo-Yap Siew Hong, Assistant
Managing Director said, "Polymer notes are cleaner and last longer
than paper notes. MAS received favourable feedback from the
public, banks and retailers on the $10 and $2 polymer notes
introduced earlier. As such, we decided to proceed with issuing $5
polymer notes." |
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More..... |
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Source:
www.mas.gov.sg Press Release
16 May 2007 |
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FrontPage Edition: Wed 16 May 2007
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