Regulatory Alerts2017-03-28 | RESOLUCIONES DE DIRECTORIO N° 042/2017Added · Updated
Board Resolution No. 042/2017
The Board of Directors of the Central Bank of Bolivia approves the implementation of a mechanism for exchanging Fixed-Term Deposits (DPF) for Direct Sale Securities, specifically Bolivianization Bonds. The regulation establishes operational procedures, including eligibility criteria for DPFs such as minimum and maximum nominal values, required credit ratings, and submission processes through the Central Bank's customer platform. It mandates that eligible DPFs be transferred to the Central Bank's master account in exchange for bonds calculated at the prevailing purchase exchange rate, with any fractional remainder returned electronically to the holder.
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