Changes of Security Features on KM 10 and KM 20 Banknotes

On Tuesday, November 4, 2008, the Central Bank of Bosnia and Herzegovina (CBBH) will put into circulation a new issue of KM 10 and KM 20 banknotes.

This issue has certain differences to the earlier issue of banknotes of the same denomination issued in 1998. On the banknotes from 1998, the year of print was not indicated on the note, while on the new issued banknotes the year of print is cited as 2008 beneath the signature and word GOVERNOR. The difference is present in the signature of the Governor, and on the new KM 10 and KM 20 banknotes the signature of Governor Kemal Kozarić can be found.

While the security thread which in the previous issue was completely embedded in paper mass, in the new issue it appears alternatively in the surface of the banknotes. When the banknote is viewed under the light, the thread is visible completely and contains the micro-text CBBH, in Latin and Cyrillic letters, successively.

Differing to the first issue of 10 KM banknotes, inscriptions on the face of the new banknotes of this denomination are manufactured in intaglio print and can be identified by touch. On the face of the new banknotes of this denomination there is an element  in which, when viewed at a certain angle, the number 10 (value of denomination) can be seen. Glittering ink on the first issue of KM 10 banknotes was printed on a vertical line on the right side of the face of the banknote. On the new banknotes this element can be found on the lower part of the face of the banknote and has different shape.

On the face of the new issue of KM 20 banknote, instead of a hidden mark of denomination in a silver colour, an optically variable element can be found in the corresponding colour. Depending on the angle of view, one or more denominating marks (number 20) can be seen inside the element.

The CBBH informs citizens that the KM 10 and KM 20 banknotes from the 1998 will remain in circulation as legal tender. 

The new printed banknotes have no inflation effect, as neither KM note will be put into circulation without meeting the requirement of the Currency Board arrangement, which means that each issued Convertible Mark will have coverage in foreign currency.

Public Relations Section