|The Bank Of the Federated Micronations (BOFM) was founded in 2008 as Common Bank of Capricornia and Musograd (CBCM) and oversaw the introduction of the Common Wallaroo (CW, sub-unit bit with 1 CW equalling 100 b). |
The tasks of the BOFM are:
The board of directors of BOFM has received the Medal of Valor of the Federation for their measures to protect the assets of the F.M. and its citizens during the 2012 financial crisis, both due to their actions in regards to Hellenic bonds and also due to their major investment decisions in that year.