Cup Match Money Supply Increases To $136.9M

July 30, 2012

The amount of Bermuda Dollar notes and coin in circulation over the coming holiday weekend will be $136.9M. This compares with a total of $130.8M at the same period last year, an increase of 5%.

The total amount of notes and coins issued to the banks by the Bermuda Monetary Authority between July 1st and July 30th [the traditional pre-Cup Match period] is $15.8M, an increase of 66% from the $9.5M issued in Cup Match 2011.

Cup Match and Christmas are traditionally time periods when the figures for notes and coin in circulation rise sharply. This seasonal peak is normally reversed very quickly after the holiday.

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Comments (7)

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  1. 80's Role Model says:

    Maybe i can get 1M

  2. tricks are for kids says:

    Please send some my way……

  3. Cold As Ice says:

    Yeah…an INCREASE of 5%…what does Bob Richards have to say about THAT…you know, since he’d have us think Bermuda/Bermudians are headed for the poorhouse.

    Anything? Anything?

    (Crickets chirping…)

  4. notimpress says:

    and we still have that stinking taup in front street..rotting wooden flooring,broken concrete steps and yet they continue to showcase bda from this dilapidated piece of third world ‘stage’..what about horseshoecafe sick sight..there is not a plant in the falling concrete planter,the sewer smells everywhere,ppl are washing their butt as tourists and locals enter the beach…pls ppl if you got any respect and pride that is POOR and not of any class to be proud of..so why boast how much you spend on cupmatch…when you cant have basic amenities to entertain the world..Forget to mention ..the patch up,tincan,plastic jungle at somerset cricket ground is another eye sore..and the ppl who created this fauxpas goes on national tv and boast of this architec.lame rubbish..even the islands in the south do better than this and they dont spend obscene $$…

  5. cahow70 says:

    congrat..to Somerset..a good game…but the facilities at the grounds need some improvement..overall,overhaul and overated.