More bicentennial S$20 notes to be issued after first batch snapped up in 5 days

SINGAPORE — Another two million bicentennial commemorative S$20 notes are to be issued, after the first two million notes were snapped up within a week.

The Monetary Authority of Singapore (MAS) announced on Friday (June 14) that the new batch of notes will be available around October to November.

The S$20 notes, marking 200 years since Sir Stamford Raffles set foot in Singapore, went on sale on Monday at major banks. They were sold out by Friday, even though people are limited to obtaining 20 of the new notes at each transaction.

The front of the commemorative note features Singapore’s first president Yusof Ishak, alongside national monuments such as the former Supreme Court and City Hall. The back features eight pioneers who made important contributions to Singapore across various fields, with the backdrop of the old Singapore River transitioning into the modern-day city-state. The S$20 note also has the years “1819” and “2019” depicted in gold.

The back of the S$20 commemorative note features eight pioneers who made signficant contributions to Singapore in various fields. Photo: Monetary Authority of Singapore

MAS said that it would inform the public when the new notes are available.