Canada to issue commemorative banknote in fall 2015

It's been a while but finally we have some news from Canada again. The Bank of Canada has announced that it will issue a new commemrative polymer banknote this year in commemoration of Queen Elizabeth II. From the press release:

On 9 September 2015, Her Majesty Queen Elizabeth II will become the longest-reigning sovereign in Canadian history, exceeding the reign of her great-great-grandmother, Queen Victoria.

To mark this historic reign, the Bank of Canada will issue a special commemorative bank note in 2015. The note will be a variation of the existing $20 polymer bank note that already features a portrait of Queen Elizabeth II. The variation will incorporate a special mention of Her Majesty’s reign.

Circulation and distribution

This commemorative note will be publicly unveiled and issued this fall. It will have the same level of security as all other notes in the Polymer series. More information will be available at that time.

This commemorative bank note will be issued into general circulation and distributed through Canada’s financial institutions.

The Bank is working with financial institutions to ensure that the notes will be available to Canadians across the country. The Bank will issue 40 million commemorative notes. To put this in perspective, there are over 800 million $20 notes in circulation in Canada. The current $20 note will continue to be issued and represent the vast majority of $20s in circulation for the life of the Polymer series.

Steven Wednesday 20 May 2015 at 3:53 pm | | news
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