2024-03-05

Decision on the Issuance of Convertible Mark Banknotes

The Central Bank of Bosnia and Herzegovina issued a decision on February 13, 2024, to put into circulation new 2024 editions of 10, 20, 50, and 100 Convertible Mark banknotes. These banknotes, available in both Federation of Bosnia and Herzegovina and Republika Srpska versions, are designated as legal tender and must be accepted by all public and private entities for cash transactions throughout the country. The decision enters into force eight days after its publication in the Official Gazette of Bosnia and Herzegovina and other relevant official journals.

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CENTRAL BANK OF BOSNIA AND HERZEGOVINA

Pursuant to Article 2, paragraph 3, item h., Article 7, item a), Articles 39 and 45 of the Law on the Central Bank of Bosnia and Herzegovina ("Official Gazette of BiH", numbers: 1/97, 29/02, 8/09, 13/03, 14/03, 09/05, 76/06 and 32/07), the Governing Board of the Central Bank of Bosnia and Herzegovina, at its 5th meeting held on February 13, 2024, adopts

DECISION

on the issuance of convertible mark banknotes

of denominations 10, 20, 50 and 100 convertible marks

Article 1. (Introductory Provisions) The Central Bank of Bosnia and Herzegovina has printed convertible mark banknotes (hereinafter: KM) in denominations of 10, 20, 50 and 100 KM, issue 2024, in the version of the Federation of Bosnia and Herzegovina and the version of the Republika Srpska.

Article 2. (Basic Features and Design of KM Banknotes) The KM banknotes referred to in Article 1 of this Decision have basic features and design as fully established by the Decision on Basic Features and Design of Convertible Mark Banknotes of Denominations 10, 20, 50 and 100 Convertible Marks ("Official Gazette of BiH", numbers: 22/11 and 49/18).

Article 3. (Year of Issue of KM Banknotes) The KM banknotes referred to in Article 1 of this Decision are printed with the year of issue "2024".

Article 4. (Legal Tender) Both versions of the KM banknotes from this Decision are, under the Law on the Central Bank of Bosnia and Herzegovina, equal in status, and all public and private institutions and establishments, legal and natural persons are obliged to accept them at their nominal value as legal tender when offered in cash transactions, i.e., in settlement and payment of any obligations towards them, throughout the territory of Bosnia and Herzegovina.

Article 5. (Issuance of KM Banknotes) Upon entry into force of this Decision, the Central Bank of Bosnia and Herzegovina will, through the Central Office, main branches and branches, issue the banknotes from this Decision successively, in accordance with the inventory of banknote stocks and the plan for issuing banknotes into circulation.

Article 6. (Entry into Force) This Decision shall enter into force on the eighth day from the date of publication in the "Official Gazette of BiH", and shall also be published in the "Official Gazette of the Federation of BiH", the "Official Gazette of the Republika Srpska" and the "Official Gazette of the Brčko District of BiH".

Chairperson of the Governing Board of the Central Bank of Bosnia and Herzegovina Number: UV-122-02-1-481-4/24 Sarajevo, February 13, 2024 GOVERNOR dr. Jasmina Selimović