Regulatory AlertsInstructions for Bilateral Repurchase (Repo) Agreement Transactions
The Central Bank of Myanmar authorizes bilateral repurchase (repo) transactions between commercial banks to enhance money market liquidity and asset management. Banks must execute these Kyat-denominated agreements via the CBM-NET system using Delivery Versus Payment, adhering to specified parameters including a 1-to-92-day term, agreed repo rates, and applicable haircut ratios. Counterparties must submit standardized transaction reports by 5:00 PM on the agreement date, and non-compliance or settlement failures may result in transaction suspension within the CBM-NET system.
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