Academic journal article The Reserve Bank of New Zealand Bulletin

Special $10 Bank Note in Circulation from Tomorrow 1 August 2000

Academic journal article The Reserve Bank of New Zealand Bulletin

Special $10 Bank Note in Circulation from Tomorrow 1 August 2000

Article excerpt

From tomorrow, the Reserve Bank will release 1.5 million special $10 bank notes into general circulation. These are the $10 millennium bank notes that previously were only available to collectors.

Reserve Bank Currency Chief Manager Brian Lang said, "As of tomorrow, the Reserve Bank will begin supplying $10 millennium notes to bank branches around the country. They are legal tender, which means that they can be used anywhere in the same way as our regular circulating notes.

"These special $10 millennium bank notes don't replace the existing $10 note, but will circulate alongside them. They have been printed on the same flexible polymer material as our other circulating notes, with a design that depicts New Zealand's development into the digital age and some of the recreational pursuits that make New Zealand special.

"We are particularly pleased to be putting this special $10 millennium note into circulation, as it includes two new security features that have never been seen on a bank note before. These features are right at the cutting edge of bank note security technology. …

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