By Glen S. Ramos
MANILA — A new P1,000 bill will be released and will be in circulation on the fourth week of April 2022, the Bangko Central ng Pilipinas (BSP) said.
The new design of the P1,000 banknote features the Philippine eagle in front, replacing heroes Vicente Lim, Josefa Llanes Escoda, and Jose Abad Santos.
According to BSP Governor Benjamin Diokno, the design was approved by NHI (National Historical Institute) and its issuance has been approved by the Monetary Board and the Office of the President.
The P1,000 banknote will be made on polymer.
Diokno added that the new design will feature the fauna and flora in the Philippines.