Directive No. 02-DMA-2017, of May 30 — BNA — AO

Whereas it is necessary to adjust the interest rates for the Permanent Facilities for Lending and Absorption of Liquidity, regulated under Notice No. 11/2011, of October 20;

In accordance with the decision of the fifty-sixth ordinary session of the Monetary Policy Committee, held on May 30, 2017;

This Directive serves to establish the following:

The BNA Basic Interest Rate – BNA Rate – remains at 16.00% per annum.
The BNA Rate is reevaluated monthly by the Monetary Policy Committee of the BNA.
Doubts and omissions arising in the interpretation and application of this Directive are clarified by the Department of Asset Markets.
This Directive enters into force immediately.
Directive No. 05/DMA/2016, of June 30, is hereby revoked.

DEPARTMENT OF ASSET MARKETS
______________________________________________ Maria Cândida Bernardete de Jesus Sambingo

DIRECTIVE No 02/DMA/2017
ORIGIN: DEPARTMENT OF ASSET MARKETS DATE
30/05/2017
SUBJECT: BNA BASIC INTEREST RATE – BNA RATE
NOTICE No. 10/2011, of October 20

Lineage: No known changes

RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.

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The links and the sentences they come from (1)

Supersedes

DMA Directive No. 5 dated 2016-06-30Not in RegAlert
“5. Directive No. 05/DMA/2016, of June 30, is hereby revoked.”

Mentions (1): 1 document this one mentions without changing it

Refers to

Notice No. 11-2011 of October 20, 20112011 · BNA
“Whereas it is necessary to adjust the interest rates for the Permanent Facilities for Lending and Absorption of Liquidity, regulated under Notice No. 11/2011, of October 20;”

Lineage: No known changes

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