Regulatory Alerts2018-04-20
Regulation of Members of Board of Governors Number 20/6/PADG/2018 on Implementation of Open Market Operation
Bank Indonesia issued this regulation to establish the operational mechanisms for conducting conventional and Sharia-compliant open market operations. It defines key terms, participant eligibility, and specific procedures for issuing and settling Bank Indonesia Certificates and related securities. The document details tender processes, bid determination, settlement requirements, and restrictions on trading to ensure effective monetary policy implementation.
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