Regulatory Alerts2013-10-11
Regulation on Central Bank Overnight Repo Financing
The Bank of Mongolia issued this regulation to establish the framework for overnight repurchase agreements with commercial banks to implement monetary policy and manage interbank rates. It defines eligibility criteria, such as reserve compliance, and mandates that requests be submitted via the Interbank Electronic Trading System within a specific daily window. The document further details the operational procedures, pricing formulas, accounting standards, and dispute resolution mechanisms governing these financial transactions.
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