Central Banking

HKMA misses design fault on new banknote

hong-kong-monetary-authority

The Hong Kong Monetary Authority (HKMA) on Sunday apologised for its failure to detect a design flaw in one of its banknotes after designs of the new 2010 series were unveiled to the public.

The HK$100 ($12.83) denomination note designed by HSBC bank, one of three note-issuing banks that participated in the design of the new series, is said to depict petals of the Bauhinia flower – the city's emblem – pointing in the wrong direction.

The HKMA, HSBC and the administration wing of the government

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

FedNow – at last

The instant payment system might help fix the US’s rusty payment rails, but it also faces competition, says Dave Birch

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.