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Ministry of Finance & the Public Service

 

New $5,000 Note Starts Circulating Next Thursday

KINGSTON (JIS):
Saturday, September 19, 2009

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The Bank of Jamaica says it will be issuing a high security $5,000 banknote on Thursday (September 24).

The note will be legal tender for all monetary transactions, and will complement the existing family of banknotes; namely $50, $100, $500 and $1,000.

The portrait of the late former Prime Minster of Jamaica, the Rt. Hon. Hugh Lawson Shearer, appears on the front of the note. The reverse features blossoms of the Frangipani and an aerial view of Highway 2000.

In addition to the standard security features on the existing banknotes - magnetic thread and ink, iridescence, florescence and watermark- this high value banknote will have a special security feature known as OptiksT. This is a wide security thread which features the Jamaica coat of arms. When held up to the light, the complete thread with "BOJ $5000" will become visible.

The many features of the note are detailed in posters which will be displayed in prominent public places. The new note is dated January 15, 2009 and bears the signature of the Governor of the Bank, Derick Latibeaudiere.

The note will be available at the Bank of Jamaica and at all commercial banks as of next Thursday.


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