A new plastic banknote par valued 10 HK dollars will be issued
in 2007 to mark the 10th anniversary of Hong Kong's return to the
motherland, the South China Morning Post reported Saturday.
Such unique plastic banknotes would be issued by the Hong Kong
Special Administrative Region (HKSAR) government, however, rather
than Hong Kong's three note-issuing banks, HSBC, Bank of China
(Hong Kong) and the Standard Chartered Bank (HK), the English
newspaper reported, citing a source familiar with the study on
issuing new notes.
The Monetary Authority has not disclosed any details of the
release of the plastic banknotes.
According to the newspaper, the new notes will be printed on
polymer material instead of paper and have better security features
and are more durable, lasting about four times as long as paper
notes.
(Xinhua News Agency December 30, 2006)