Daily Israel Report
13:02
Reported

News Brief

  8/7/2013, Elul 1, 5773

Bank of Israel to Issue New Banknotes in 2014


The Bank of Israel has announced that the postponed issuance of the new 50 NIS and 200 NIS banknotes are scheduled to be released during the second half of 2014.  The remaining two banknotes - 100 NIS and 20 NIS, respectively -  will be issued a few months afterward.

The present banknotes will be continue to be valid for use as legal tender for several years, allowing them to gradually be replaced as the new notes enter general circulation.