readings from http://business.inquirer.net
IN COMMEMORATION of the upcoming quadricentennial celebration of the University of Santo Tomas in 2011, the pontifical university has asked the Bangko Sentral ng Pilipinas to print a special series of bank notes with the UST logo.
To recall, the BSP had paid tribute to the University of the Philippines in 2008 with the overprint of the iconic UP Oblation on a limited edition of 100-peso notes in honor of the centennial anniversary of the premier state university. Such UP “Oble” bills drew as much frenzy, especially among alumni and collectors, as the misspelled “Arrovo” bills that slipped in circulation in 2005.
Unfortunately for UST, however, the country does not have existing bank notes denominated in P400 to exactly match its anniversary. The next best thing was thus to propose for an overprint of the UST logo on 200-peso banknotes with the year mark 2011. This ensures that Ateneo de Manila University won’t be the first to grace the P200-peso notes with its logo when its celebrates its 200th year in 2059.—Doris C. Dumlao
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