COMMUNIQUE

BANK OF MAURITIUS

New Family of Banknotes

 

The Bank of Mauritius announces the issue of a new family of banknotes under section 29 of the Bank of Mauritius Act. Banknotes in six denominations, namely Rs25, Rs50, Rs100, Rs200, Rs500 and Rs2000, will be issued as from 1 July 1999. The Rs1000 banknote, which forms part of this family of banknotes, will be issued subsequently.

All banknotes issued by the Bank of Mauritius and which are currently in circulation will be withdrawn as from 1 July 1999 and will cease to be legal tender as from 1 October 1999.

The public is therefore advised to exchange existing banknotes issued by the Bank of Mauritius which are in its possession against banknotes of the new family at any commercial bank.

Banknotes which are currently in circulation may be exchanged only at the counter of the Bank of Mauritius after 1 October 1999.

 

 

 

  1. June 1999

Bank of Mauritius