Regulatory Alerts2015-07-27 | Circular 12/2015Added
Circular 12/2015 — Modifications to Circular 7/2011
The Bank of Mexico modifies section 3.1 of the Procedure for Market Makers and UDIBONOS Market Makers to exercise the right to purchase Bonds, CETES, and UDIBONOS and conduct loan operations with the Bank of Mexico. The amendment requires Market Makers to pay the corresponding premium for each securities loan operation to the Bank of Mexico upon maturity, in accordance with sections 4.2.6 and Annex 4, as well as sections 7.2.5 and Annex 5 of the relevant Official Letter. This Circular enters into force on September 17, 2015.
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