Central Bank of Bolivia

Board of Directors

Law No. 901 of November 28, 1986, which creates the "Boliviano" as the legal and compulsory unit of currency.
Law No. 1670 of October 31, 1995.
The Statute of the Central Bank of Bolivia of October 21, 2005.
The Regulation on Monetization, Distribution, and Destruction of Monetary Material, approved by Board Resolution No. 021/2016 of February 2, 2016.
The Contracts for the provision of Boliviano banknotes SANO-DLABS No. 95/2014 of April 28, 2016 and 31/2015 of January 12, 2015, signed with the company Oberthur Fiduciaire S.A.S for the printing of Bs200 denomination banknotes.
The Report from the Monetary Operations Management BCB-GTES-SAMM-DAMM-INF-2017-133 of December 14, 2017.
The Report from the Legal Affairs Management BCB-GAL-SANO-DLBCI-INF-2017-413 of December 14, 2017.

That Article 1 of Law No. 901 creates the Boliviano as the unit of the State's monetary system, through banknotes and coins that the Central Bank of Bolivia will issue and circulate as legal tender, starting from January 1, 1987.
That according to Article 10 of Law No. 1670, the Central Bank of Bolivia exercises exclusively and inalienably the function of issuing the monetary unit of Bolivia, in the form of banknotes and metallic coins.
That it is an attribution of the Board of Directors according to Article 54 subsection m) of Law No. 1670 and numeral 11 of Article 11 of the Statute, to authorize and supervise the issuance of banknotes and coins.
That Article 3 of the Regulation on Monetization, Distribution, and Destruction of Monetary Material establishes that it is the faculty of the BCB Board of Directors to authorize the monetization of monetary material based on reports from the Treasury Management (GTES) and the Legal Affairs Management, in accordance with the issuance or storage requirements determined by GTES.

//2. B.R. No. 180//2017

That in accordance with the Banknote Provision Contracts SANO-DLABS No. 95/2014 and SANO-DLBAS No. 31/2015 signed with the company Oberthur Fiduciaire S.A.S., the Central Bank of Bolivia received the batches of Bs200 denomination banknotes from the "J Additional" series.
That Report BCB-GTES-SAMM-DAMM-INF-2017-133 establishes the need to monetize 27.1 million pieces of Bs200 denomination banknotes.
That in the opinion of the Legal Affairs Management according to Report BCB-GAL-SANO-DLBCI-INF-2017-413, the request for monetization of Bs200 denomination banknotes made by GTES is legally appropriate as it does not contravene the current legal framework, being the competence of the Board of Directors of the Issuing Entity to authorize it by simple majority of votes of the members present at the respective meeting, in accordance with what is established in Article 24 of the BCB Statute and by virtue of the provisions contained in Law No. 1670.

DENOMINATION	NO. OF PIECES	VALUE IN Bs.
200	27,100,000	5,420,000,000.-
TOTAL	27,100,000	5,420,000,000.-

La Paz, December 19, 2017

Pablo Ramos Sánchez

//3. B.R. No. 180//2017

Luis Baudoin Olea
Ronald Polo Rivero
Abraham Pérez Alandia
Sergio Velarde Vera
Gabriel Herbas Camacho