RegAlertRule · BCRA · 11 Apr 1989 · A 1395
Circular Operations Passive - OPASI 2 - 18. Deposits adjustable by grain quotation. Calculation base.
The Central Bank of the Republic of Argentina establishes that for fixed-term deposits adjustable by grain quotation executed on April 12 and 13, 1989, the calculation base for adjustment shall be the average of the prices referenced in point 5 of the Annex to Communication A 1391 corresponding to March 31, 1989. This directive applies to financial entities regarding specific deposit operations during the specified dates.
BANCO CENTRAL DE LA REPÚBLICA ARGENTINA COMUNICACIÓN "A" 1395 11/04/89 TO FINANCIAL ENTITIES:
Ref.: Circular OPERATIONS PASSIVE - OPASI - 2
- 18. Deposits adjustable by grain quotation. Calculation base.
We address you to inform you that this Institution has adopted the following resolution:
"- Establish that, for fixed-term deposits adjustable by grain quotation that are carried out on 12 and 13.4.89, the average of the prices referred to in point 5 of the Annex to Communication "A" 1391 corresponding to 31.3.89 shall be used as the base for the calculation of the adjustment." We salute you very attentively. BANCO CENTRAL DE LA REPÚBLICA ARGENTINA Alfredo A. Besio Manager of Standards for Financial Entities Eduardo G. Castro Deputy General Manager
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