Singapore MAS Issues $5 Polymer Notes (18 May 2007 )

MAS Issues $5 Polymer Notes

Singapore, 16 May 2007...The Monetary Authority of Singapore (MAS)
will issue new $5 polymer notes from 18 May 2007. 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.

2. 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).

3. The $5 polymer notes also include security features unique to
polymer technology which are similarly found in $2 and $10 polymer
notes. They a

· 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 in the shape of the Singapore island.

Please see the Annex for further details.

4. 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.

5. 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."

http://www.mas.gov.sg/news_room/pres...mer_Notes.html


Derrick See
www.notepassion.com