BoC to issue commemorative banknotes for Beijing Winter Olympics

Bank of China Hong Kong announced to issue a Beijing 2022 Winter Olympic Games commemorative banknote with a face value of HK$20. The subscription is open from December 1 to 10.

All net proceeds are donated for local charitable purposes.

The issuance size is 2 million pieces, including 1.57 million sets of single banknotes, 20,000 sets of four consecutive pieces, and 10,000 sets of 35 consecutive pieces, priced at HK$138, HK$338 and HK$1,388 per set respectively.

Other 200 sets of charity collector's editions will also be selected for sale through competitive bidding.

Hong Kong residents aged over 18 can apply via online channels or branches with a subscription ceiling. Each can subscribe up to five single sets, one set of four consecutive pieces, and one set of 35 pieces.

If the total number of applications exceeds the offered quota, a computer lottery will be conducted.

The lottery result will be revealed on December 21.
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