The Bangko Sentral ng Pilipinas (BSP) will mint 50-piso and 500-piso commemorative coins in time for the papal visit in January next year.
On Friday, BSP also launched three new limited edition commemorative circulation coins to honor overseas Filipino worker, Apolinario Mabini and the Leyte Landing.
“As a matter of policy, the BSP commemorate significant events and heroic Filipinos in our country’s history through the minting of coins, medals or overprints on our banknotes,” BSP Deputy Governor Vicente Aquino said in a press briefing.
Aquino said first of the three limited commemorative coins is the 5-piso Bagong Bayani Commemorative Coin in honor of overseas Filipinos.
Second is the 150th year of the Philippine Hero Mabini on the 10-piso circulating coin.
Third is the Leyte Landing which was a turning point for the liberation of the Philippines during the World War II on the 5-piso circulating coin.
The central bank said that the limited commemorative coins will be available starting December 22 at branches of cash department at the BSP Complex in Manila and the Security Plant Complex in Quezon City. It noted that there will be 10 million pieces available for sale at face value.