BSP warns public vs fictitious P150 bill


Posted at Feb 08 2012 03:54 PM | Updated as of Feb 09 2012 03:04 PM

MANILA, Philippines - There are no plans to issue a P150 commemorative banknote, according to the Bangko Sentral ng Pilipinas.

The BSP issued the statement on Wednesday, to dispel rumors on the Internet that new P150 commemorative notes will soon be released.

"The BSP has never issued nor is planning to issue such type of a banknote. Therefore, any 150-piso commemorative note or similar banknote is fictitious," it said.

The public is advised to report individuals who are passing these P150 fictitious notes to the police or the Investigatove Division, Cash Department, Bangko Sentral ng Pilipinas in Quezon City. The BSP can be contacted at 926-5092 and 929-7071 local 618 or via e-mail [email protected]

Some blogs had earlier posted a sample of the proposed design of a P150 bill, featuring national hero Jose Rizal who celebrated his 150th birth anniversary in 2011.

Last December, the BSP issued a special Jose Rizal P1 coin. The country celebrated Rizal's 150th birthday last June 19, 2011. Rizal was born in 1861, and was executed in Bagumbayan, now Luneta, on December 30, 1896.