Financial Update (First Quarter 2010)
U.S. Treasury to Unveil New $100 Note in April
A redesigned $100 note will debut on April 21, 2010, at a ceremony hosted at the U.S. Treasury Department, according to the U.S. Bureau of Engraving and Printing. The government redesigns the currency every seven to ten years in an effort to thwart counterfeiting.
New designs help prevent counterfeiting
The last redesigned bill to debut was the $5 note in March 2008. While the new design for the $100 bill is still under wraps, the redesigned $5, $10, $20, and $50 notes included security features such as watermarks, the addition of color, and color-shifting ink.
Education, training form first line of defense
Public education is an important component of the government's redesigned currency program because an informed public is an important line of defense against counterfeiting. Free training and other educational tools will be available in 25 languages at www.newmoney.gov starting at 10:30 a.m. ET on April 21.
March 26, 2010