Reserve Bank of Aletheia Sovereign Covenant State of Aletheia Menu

Reserve Bank of Aletheia

Stewardship of the Aletheian Guilder.

The monetary institution being established for the Sovereign Covenant State of Aletheia, and the issuer of its currency, the Aletheian Guilder. Its purpose is simple: money that keeps its value, payments that work, and a public record anyone can check.

Front of the 100 AEY note design in sage green: a portrait of St Brendan of Clonfert.
100 AEY, front.

§ 01 The Guilder

Five denominations, in design.

The banknote series of the Guilder is designed in five denominations, from 1 to 100 AEY. Each note has its own colour and portrait, drawn in the engraved tradition of banknote art, with themes taken from the character of the nation: faith and learning, discovery, the public record and the sea.

1 · 5 · 10 · 20 · 100 AEY

See the banknote designs

§ 02 Monetary framework

A currency held to account.

A fiat currency is trusted for the rules that govern it, not for a promise to exchange it.
  1. 01

    A fiat currency

    Money issued by a public institution under law, as most of the world’s currencies are. Its value rests on the rules and institutions behind it, and on the confidence of the people who use it.

  2. 02

    Issued by rule

    New money is created only under published rules, entered in a public register and reported on a regular calendar, so that anyone can follow what has been issued and why.

  3. 03

    Decided in public

    Policy is prepared with its evidence, put to consultation and published with its reasons before it is adopted, and reviewed on a set date afterwards.

The monetary policy framework

§ 03 The Bank

Steward of the Guilder.

A central bank serves the whole nation. The Reserve Bank of Aletheia is being built to do that work with independence, discipline and openness.

About the Bank
Issue
To issue the Aletheian Guilder in banknotes and in digital form, and to safeguard its integrity.
Set policy
To set monetary policy that keeps the Guilder’s value stable, and to explain each decision.
Build payments
To provide safe, final settlement and to foster payments that are fast and affordable.
Keep the record
To account in public for everything it issues, and to publish its accounts and statistics.

§ 05 Publications

The written record.

Forthcoming

Publications of the Bank will appear here.