Banknote collectors have something to look forward to in 2008. In commemoration of the centennial of the University of the Philippines (UP), the "Bangko Sentral ng Pilipinas has approved the overprinting of the image of the Oblation on new hundred peso bills to be circulated soon" (up.edu.ph).
The image above is only a speculation. Overprints are usually done on the white space on the right side of the banknote. The overprinted bills will most likely be issued in 2008, the year of UP's centennial.
The Oblation is the iconic symbol of the University of the Philippines, represented by a man with arms wide-stretched and face facing up, symbolizing selfless offering of one's self to his country.
Mabuhay ka Iskolar ng Bayan!
UPDATE: Collectible UP Centennial Banknotes Released
50 Peso Commemorative Coin (International Year of the Child)
Obverse: Portrait of a Child, International Year of the Child emblem, "Pandaigdig na Taon ng mga Bata", year mark
Reverse: Seal of the Republic of the Philippines, "50 Piso", "Republika ng Pilipinas"
Quality: Proof
Material: Silver
Shape: Round
Edge: Milled
This coin was minted at the Franklin Mint of the United States of America.
The year 1979 was proclaimed the International Year of the Child by the United Nations. The proclamation was signed on January 1, 1979 by United Nations Secretary General Kurt Waldheim. The proclamation was meant to draw attention to problems that affected children throughout the world, including malnutrition and lack of access to education.
25 Peso Commemorative Coin (UN Conference on Trade and Industry)
Twenty-five Peso Silver Proof Coin Commemorating the UN Conference on Trade and Development
Obverse: United Nations Logo, "United Nations Conference on Trade and Development", year mark (1979)
Reverse: "Philippine International Convention Center Manila", "Republika ng Pilipinas", "25 Piso"
Material: Silver
Quality: Proof
Shape: Round
Edge: Milled
When the United Nations Conference on Trade and Development was held in Manila, the Central Bank issued this 25 peso silver coin to commemorate the event. The conference was held in the Philippines International Convention Center (PICC). This coin was minted at the Franklin Mint of the United States of America.