Regulatory Alerts2024-02-07 | Circular 1/2024Added · Updated
Circular 1/2024 — Permanent Liquidity Facility
The Banco de México establishes new rules for the permanent liquidity facility available to Multiple Banking Institutions to cover liquidity needs. The facility allows institutions to obtain financing through simple secured credits against deposits or repurchase agreements on eligible securities. Loans have a base term of thirty natural days with automatic renewals, and institutions must submit requests via electronic modules or written format before the intended disbursement date.
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