Regulatory Alerts2019-04-30
Bank Indonesia Regulation Number 21/6/PBI/2019 On The Third Amendment To Bank Indonesia Regulation Number 20/5/PBI/2018 On Monetary Operation
Bank Indonesia issued this regulation to strengthen its monetary operation framework by expanding the underlying assets for Sukuk Bank Indonesia to include global sukuk. The amendment modifies the Sharia Deposit Facility of Bank Indonesia to utilize the ju’alah contract instead of the previous wadi’ah contract. Additionally, the rule clarifies that Sukuk Bank Indonesia may use SBSN and global sukuk as underlying assets and remains tradable in the secondary market.
Share