Another 2 million pieces of commemorative $20 note to be issued later this year: MAS

Singapore's new $20 note, launched in commemoration of the Singapore Bicentennial. (PHOTO: Monetary Authority of Singapore)
Singapore's new $20 note, launched in commemoration of the Singapore Bicentennial. (FILE PHOTO: Monetary Authority of Singapore)

SINGAPORE — The Monetary Authority of Singapore (MAS) will issue an additional two million pieces of the Singapore Bicentennial $20 commemorative note and folder to meet strong public interest.

In a media statement on Friday (14 June), MAS said that this additional issuance of $20 commemorative notes is expected to be available around October to November.

It will inform the public when the new $20 notes are available for exchange.

All two million pieces of the initial issuance of notes were exchanged at the banks within a week of the launch, MAS said.

The noted were made available at nine major retail banks on Monday, and were quickly sold out. Furthermore, many listings of the bill at marked-up prices have appeared on online marketplaces.

The $20 note depicts Singapore’s journey to nationhood and pays tribute to the forebears who laid the foundations for modern Singapore.

Each note comes with a specially-designed folder.

There are also 5,000 limited-edition numismatic sets of the $20 notes available for sale. Each set comprises an uncut sheet of three $20 commemorative notes.

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New $20 note launched to commemorate Singapore's Bicentennial