Central Bank to issue new polymer $5, $10 and $20 notes in November

Central Bank to issue new polymer $5, $10 and $20 notes in November

The Central Bank has revealed that the new polymer notes for $5, $10 and $20 bills, will be available from next month.

It also said all old notes will remain legal tender until the end of 2021.

In an interview with the Newsday, the bank’s industrial and external relations manager Nicole Crooks confirmed the planned issuance of the new polymer notes will take place in November, but she did not provide them with a definite date.

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Last December, during the changeover process from the old cotton-based $100 bills to polymer, the bank said the other notes would follow.

In its 2016/17-2020/21 strategic plan, it said the demonetisation of the $100 cotton note “highlighted the need for greater financial inclusion, public financial literacy and the need to move to more digital financial transactions.”

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