2019-09-30

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Decision on the Issuance of Convertible Mark Banknotes in Denominations of 10, 20, 50, and 100

The Central Bank of Bosnia and Herzegovina issues 2019 edition banknotes in denominations of 10, 20, 50, and 100 convertible marks for both the Federation of Bosnia and Herzegovina and the Republika Srpska. These banknotes are legal tender throughout the country, requiring all public and private institutions and persons to accept them at face value in cash transactions. The banknotes retain the basic features and design established by previous decisions, with issuance managed successively by the Central Bank based on inventory and issuance plans. 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 No.: UV-122-01-1-2468-6/19 DS Sarajevo, 30.09.2019.

Pursuant to Article 2, paragraph 3, item h., Article 7, item a), Article 39, and Article 45 of the Law on the Central Bank of Bosnia and Herzegovina ("Official Gazette of BiH", nos. 1/97, 29/02, 13/03, 14/03, 09/05, 76/06, and 32/07), the Governing Board of the Central Bank of Bosnia and Herzegovina, at its 12th session held on 30.09.2019, adopts

DECISION on the issuance of convertible mark banknotes denominations of 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, 2019 edition, 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 in all respects determined by the Decision on the Basic Features and Design of Convertible Mark Banknotes in Denominations of 10, 20, 50, and 100 Convertible Marks ("Official Gazette of BiH", nos. 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 issue year "2019".

Article 4. (Legal Tender) Both versions of the KM banknotes in 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 entities, and natural persons are obliged to accept them at their nominal value as legal tender when offered in cash transactions, or 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 units, 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".

Chairman of the Governing Board of the Central Bank of Bosnia and Herzegovina

GOVERNOR dr. Senad Softić

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