2007-01-01

Decision on the Issuance, Basic Features, and Circulation of Additional Quantities of Convertible Mark Banknotes in Denominations of 50 KM and 100 KM

The Governing Board of the Central Bank of Bosnia and Herzegovina issued a decision on April 25, 2007, authorizing the release of additional convertible mark banknotes in 50 KM and 100 KM denominations. These notes, featuring designs from the Federation of Bosnia and Herzegovina and Republika Srpska, incorporate enhanced security features and bear the signature of Governor Kemal Kozarić with a 2007 printing date. The banknotes were scheduled to enter circulation starting May 1, 2007, and the decision was published in all relevant official gazettes.

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Based on Article 2, paragraph 3, point h, Article 7, point e, Article 39, and Article 42 of the Law on the Central Bank of Bosnia and Herzegovina ("Official Gazette of Bosnia and Herzegovina", No. 1/97, 29/02, 8/03, 13/03, 14/03, 9/05, and 76/06), the Governing Board of the Central Bank of Bosnia and Herzegovina, at its 4th session held on April 25, 2007, adopts

D E C I S I O N on the issuance, basic features, and circulation of additional quantities of convertible mark banknotes in denominations of 50 KM and 100 KM

  1. The Central Bank of Bosnia and Herzegovina (hereinafter: the Central Bank) issues and puts into circulation additional quantities of convertible mark banknotes (hereinafter: KM), as legal tender in Bosnia and Herzegovina, in denominations of 50 KM and 100 KM, designed by the Federation of Bosnia and Herzegovina and Republika Srpska.

  2. The banknotes referred to in point 1 of this Decision have basic features and technical characteristics as fully determined by the Decision on the Issuance and Circulation of Convertible Mark Banknotes ("Official Gazette of BiH", No. 10/98 and 11/02), with the exception that the front of the banknotes bears the signature of the Governor "Kemal Kozarić" and the printing year "2007" printed below the signature and the word "Governor," and they possess improved security features.

  3. The banknotes referred to in point 1 of this Decision shall be put into circulation starting from May 1, 2007.

  4. This Decision shall be published in the "Official Gazette of BiH," "Official Gazette of the Federation of BiH," "Official Gazette of Republika Srpska," and "Official Gazette of the Brčko District of BiH."

File No.: 260 /07 Presiding Officer April 25, 2007 Governing Board of the Central Bank S a r a j e v o of Bosnia and Herzegovina G O V E R N O R Mr. Kemal Kozarić