Regulatory Alerts2024-01-01
Decision on Open Market Operations
The Council of the Central Bank of Montenegro issued this Decision to define the detailed conditions under which the Central Bank conducts open market operations for monetary policy implementation. The regulation authorizes the Central Bank to purchase and sell securities via spot, forward, permanent, or repurchase transactions with eligible commercial banks. It establishes specific eligibility criteria for participating banks and mandates that the Council determine the type, amount, and pricing for each operation based on monetary policy objectives.
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