The Banque Centrale de Luxembourg has issued (31st May) a new coin that marks the 25th anniversary of the founding of the country’s central bank, which came into effect on the 1st June 1998. The central bank is the successor of the former Institut Monétaire Luxembourgeois (IML), which was itself founded in 1983, and whose primary function was that of a regulator of the commercial banking system in Luxembourg in addition to being the issuer of banknotes and coins