Obverse
The 500-piso note bears the portrait of Senator Benigno "Ninoy" S. Aquino Jr. as well as scenes and representative objects from his life as a journalist, war correspondent, mayor, provincial governor and senator. The senator inspired the peaceful People Power Revolution that restored democracy in the country. Has a concealed numerical value and micro-printing of "Central Bank of the Philippines" below the serial number in the lower left face of the note. "Ang Salaping ito ay bayarin ng Bangko Sentral at pinananagutan ng Republika ng Pilipinas" "Republika ng Pilipinas" "Limandaang Piso"
Reverse
On the reverse are images of unity, peace and reconciliation during the revolution that left indelible impressions on the rest of the world. "Bangko Sentral ng Pilipinas" "Limandaang Piso" "500"
Security Features
Portrait watermark that can be seen when viewed against the light. Broken security thread arranged in a vertical line. Windowed security thread, vertically located like "stiches" at the obverse of the note with clear text of the denomination in repeated sequence and changes in color from magenta to green or vice versa depending on the angle of view. Iridescent band of wide glistening gold vertical stripe with the numerical value printed in series. Red and blue visible fibers all over the note and invisible fluorescent printing
Overprint
"Manila " "45th Annual Meeting of the Board of Governors" "Asian Development Bank" "Manila, Philippines" "2-5 May 2012"
Note
Issued to commemorate the 45th Annual Meeting of the ADB Board of Governors, held in Manila, Philippines from 2 to 5 May 2012.
Demonetized
New Design Series was considered demonetized after pursuant to BSP Circular No. 863, 910, 935, 954, 977