Regulatory Alerts2025-04-03
M-2025-011: Single Reserve Week from 11 April 2025 to 24 April 2025 and the Corresponding Guidelines on the Computation of Reserve Position for the Single Reserve Week
The Office of the Deputy Governor of the Bangko Sentral ng Pilipinas issues Memorandum M-2025-011 to establish a single reserve week for the period from 11 April 2025 to 24 April 2025. This directive treats Maundy Thursday and Good Friday as non-reserve days and mandates that the reserve position computed on Holy Wednesday be carried over through Easter Sunday. Additionally, the two consecutive weeks are consolidated to determine any abuse of the privilege to offset reserve deficiencies against excess reserves.
Share