Switzerland delays introduction of new notes until 2013

According to a press release dated 9 February 2012, the Swiss National Bank has delayed the introduction of its new banknote series “for at least one year.” The new series was expected to be issued “towards the end of 2012,” but “unexpected technical problems were encountered.” The 50-franc note was to be the first denomination issued in the new series, and this note is expected to be printed on Landqart’s Durasafe hybrid substrate. No word yet on whether the innovative substrate contributed to the technical problems in production.

Courtesy of Christof Zellweger.