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100 Dollars HSBC
| Issuer | The Hongkong and Shanghai Banking Corporation Limited |
|---|---|
| Year | 2018-2022 |
| Type | Standard circulation banknote |
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| Obverse description | The obverse is printed in shades of red and pink, centred on a large intaglio vignette of a bronze lion's head — a reference to the famous guardian lions at the HSBC headquarters in Hong Kong — set against a fine guilloche underprint. To the left, the bold numeral '100' is rendered in colour-shifting ink, accompanied by the promise-to-pay inscription in both English and Chinese, the denomination in full, and the issue date below the Chief Executive's signature. A vertical windowed security thread with shifting colour elements runs through the centre of the note, and a green holographic disc bearing the numeral '100' is positioned in the upper right corner. |
|---|---|
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| Protection type | Watermark, Security thread, Hologram, Colour-shifting ink |
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| Comments |
HSBC's Hong Kong dollar issue occupies a curious constitutional position: the bank issues notes not as a central bank but under licence from the Hong Kong Monetary Authority, posting equivalent value in US dollars with the Exchange Fund as collateral — a direct consequence of the linked exchange rate mechanism pegged at HK$7.80 to the US dollar since 1983. De La Rue's involvement continues a relationship stretching back well over a century, though the security specification on this series reflects post-2010 upgrades pushed by HKMA across all three note-issuing banks simultaneously.