Regulatory Alerts2021-01-01
Circular to Banks No. 2021-08 of September 8, 2021
The Central Bank of Tunisia, through Governor Marouane El Abassi, issued Circular No. 2021-08 to amend Article 61 of its March 2017 monetary policy framework. The revised provision explicitly accepts negotiable assets that generate coupon payments as collateral during refinancing periods, stipulating that coupon distributions to banks follow the central securities depository's standard procedures. This amendment streamlines collateral mobilization and takes effect immediately upon publication, thereby enhancing liquidity management mechanisms for Tunisian banks.
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