The Central Bank of Trinidad and Tobago announced the launched of a $50 currency note for that republic yesterday.

The bill is being released in commemoration of the country’s 50th anniversary of independence which will be celebrated on August 31st. The new notes will be released to the public in early August.

The launch occurred at the Eric Williams Financial Complex, Port-of-Spain, The Central Bank of Trinidad and Tobago.

The olive green note was unveiled by Governor Ewart Williams, and Finance Minister Winston Dookeran.

Williams said the new note will be more convenient for the public as it will bridge the gap between the $20 and $100 notes.

According to The Banknote Book on 14 December 1964, the Central Bank of Trinidad and Tobago introduced notes for $1, $5, $10 & $20. New denominations in the form of $50 & $100 notes were issued on 6 June 1977, although the $50 note was not continued after a shipment was stolen prior to issue. The $50 note was taken out of its brief circulation and never reintroduced.