Regulatory Alerts2013-03-28 | 114400Regulation on the Intraday Credit of the National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic issued this Regulation to establish the terms, procedures, and collateral requirements for providing interest-free intraday credit to licensed commercial banks through its Automated Trading System. The document mandates that eligible banks submit authorized applications, secure loans with state securities or National Bank notes, and fully repay the principal on the issuance date to avoid automatic rollover into overnight credit. It further standardizes the General Agreement framework, defines authorization protocols, and outlines technical procedures for credit issuance, repayment, extension, and dispute resolution.
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