BSP to release banknotes with PNoy’s signature Friday

signature of President Noynoy Aquino

MANILA, Nov. 24 –- The Bangko Sentral ng Pilipinas (BSP) will make available starting Friday bank notes signed by President Benigno Aquino III.

The notes, dubbed new series, will be presented by BSP Governor Amando Tetangco Jr. to the President on Thursday.

The BSP, however, did not release any information about the new notes.

The new series is separate from the redesigned bank notes, which the central bank earlier said would be released next month.

Earlier, BSP Deputy Governor Armando Suratos said the new P500 bill will include the image of former President Corazon Aquino with her husband, Benigno Aquino Jr., whose picture is now used on the said note.

Monetary officials said the redesigned notes will feature prominent places in the country like the Mayon Volcano.

They said it will also include improved security features that would enable the public to easily determine counterfeit bills.

The existing notes will still be in circulation three years after the introduction of the new design but will be out after the third year.

Pnoy's signature at P500 peso bill