2022-12-01
The regulatory authority issues a mandatory schedule requiring financial institutions to establish reserve obligations according to twelve distinct periods throughout 2023. Each period specifies a reference date, declaration deadline, exact start and end dates, and a duration of either 28 or 35 days. The timetable remains subject to adjustment in the event of force majeure or an unexpected holiday occurring at the end of any period.
(Subject to modification in case of force majeure or an unexpected holiday at the end of a period)
| Period | Reference Date | Declaration Deadline | Period Start | Period End | Number of Days in Period |
|---|---|---|---|---|---|
| 1 | Wednesday 30 November 2022 | Friday 30 December 2022 | Wednesday 4 January 2023 | Tuesday 7 February 2023 | 35 |
| 2 | Friday 30 December 2022 | Friday 3 February 2023 | Wednesday 8 February 2023 | Tuesday 7 March 2023 | 28 |
| 3 | Tuesday 31 January 2023 | Friday 3 March 2023 | Wednesday 8 March 2023 | Tuesday 4 April 2023 | 28 |
| 4 | Tuesday 28 February 2023 | Friday 31 March 2023 | Wednesday 5 April 2023 | Tuesday 9 May 2023 | 35 |
| 5 | Friday 31 March 2023 | Friday 5 May 2023 | Wednesday 10 May 2023 | Tuesday 6 June 2023 | 28 |
| 6 | Friday 28 April 2023 | Friday 2 June 2023 | Wednesday 7 June 2023 | Tuesday 4 July 2023 | 28 |
| 7 | Wednesday 31 May 2023 | Friday 30 June 2023 | Wednesday 5 July 2023 | Tuesday 8 August 2023 | 35 |
| 8 | Friday 30 June 2023 | Friday 4 August 2023 | Wednesday 9 August 2023 | Tuesday 5 September 2023 | 28 |
| 9 | Monday 31 July 2023 | Friday 1 September 2023 | Wednesday 6 September 2023 | Tuesday 3 October 2023 | 28 |
| 10 | Thursday 31 August 2023 | Friday 29 September 2023 | Wednesday 4 October 2023 | Tuesday 7 November 2023 | 35 |
| 11 | Friday 29 September 2023 | Friday 3 November 2023 | Wednesday 8 November 2023 | Tuesday 5 December 2023 | 28 |
| 12 | Tuesday 31 October 2023 | Friday 1 December 2023 | Wednesday 6 December 2023 | Tuesday 2 January 2024 | 28 |