Philippines reordering new 500- and 1,000-peso notes
Mar 29, 2011 08:09 AM Category: East and Southeast Asia
According to a Manila Bulletin article dated 23 March 2011, Bangko Sentral ng Pilipinas (BSP) is reordering new 500-peso (US$11.50) and 1,000-peso (US$23) notes from Oberthur Technologies. The first order was for 20-peso, 50-peso, 100-peso, and 200-peso notes, of which only a small number have been issued since their introduction in December 2010. There’s no word yet on whether Oberthur intends to correct the errors which are present on the new design.