Regulatory Alerts2023-05-16 | RESOLUCIONES DE DIRECTORIO Nº 077/2023Added · Updated
Board Resolution No. 077/2023: Approval of Conditions for Exceptional Repo Operations with the Central Bank of Bolivia
The Board of Directors of the Central Bank of Bolivia approves the conditions for exceptional repo operations under Article 532 of the Financial Services Law, providing exceptional liquidity injection to financial intermediation entities acquiring assets and assuming liabilities of entities in resolution. Eligible collateral includes public securities issued by the Central Bank or the General Treasury, and fixed-term deposits with credit ratings from AAA to A1 issued by March 31, 2023. The maximum operation term is 90 days with up to three renewals, and the total resources obtained cannot exceed the amount awarded in the specific resolution procedure. The Financial Supervisory Authority supervises compliance, and the resolution is valid for 180 calendar days.
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