NOTES AND COINS

CONFIDENTIAL

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37.

Changes in the note circulation over the last three years

are shown in the following tables:

TABLE 3

Value of notes in circulation by denomination:

End of December

1985 $'000s

1986 $'000s

1987 $'000s

$1

453

453

453

$5

107,772

105,142

103,642

$10

1,402,452

1,667,282

1,826,982

$20

26,000

$25

27

72,890

27

99,790

27

$50

293,757

335,707

373,857

$100

7,602,402

8,471,662

9,712,212

$500

2,065,406

2,154,106

2,829,106

$1,000

6,467,299

7,818,299

11,979,499

17,965,568

20,625,568

26,925,568

CONFIDENTIAL

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