Obverse
The 50-piso note shows the portrait of President Sergio S. Osmeña, who was also the first Speaker of the Philippine Assembly. A gavel signifying his speakership and the Fuente Osmeña monument erected in his honor in his native Cebu City appear on the Right side. "Ang Salaping ito ay bayarin ng Bangko Sentral at pinananagutan ng Republika ng Pilipinas" "Republika ng Pilipinas" "Limampung Piso"
Reverse
The reverse features National Museum, the main repository and guardian of Philippine natural and cultural heritage. "National Museum" "Gusali ng Pambansang Museo" "Limampung Piso"
Security Features
Portrait watermark that can be seen when viewed against the light. Broken security thread arranged in a vertical line. Red and blue visible fibers all over the note and invisible fluorescent printing
Overprint
Logo of Philippine Deposit Insurance Corporation "50 Years" "-" "PDIC: Committed to Serve"
Note
Issued to commemorate the 50th Anniversary of PDIC established on . The 50-Piso Commemorative bills aim to raise public awareness on the PDIC and deposit insurance
Remarks
The 50 Piso commemorative note was launched during the PDIC-hosted International Conference on "Financial Inclusion: Challenges and Issues for the Deposit Insurer" on , a gathering of deposit insurance experts from various deposit insurance jurisdictions and multilateral organizations worldwide. Department of Finance Secretary and Chairman of the PDIC Board of Directors Cesar V. Purisima was the Conference's keynote speaker.
Demonetized
New Design Series was considered demonetized after pursuant to BSP Circular No. 863, 910, 935, 954, 977