Regulatory Alerts2014-09-29 | RESOLUCION DE DIRECTORIO Nº 131/2014Added · Updated
Board Resolution No. 131/2014
The Board of Directors of the Central Bank of Bolivia amends Articles 12 and 13 of the Open Market Operations Regulation to authorize the direct sale of Central Bank bonds to natural persons via electronic means and through placing agents. These changes expand sales channels beyond public auctions and the central bank's money desk, allowing individuals to access savings instruments regardless of their time availability or specific financial institution. The modifications take effect immediately upon approval and require that Central Bank officials be prohibited from acquiring public securities under the new electronic direct sales mechanism.
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