Regulatory Alerts2010-07-06
Bank Indonesia Circular Letter Number 12/17/DPM dated July 6, 2010 concerning Standing Facilities
Bank Indonesia issued Circular Letter Number 12/17/DPM on July 6, 2010, to establish the operational framework for Standing Facilities within the monetary and financial market system. The regulation defines the mechanisms for liquidity management tools, including the Lending Facility and Deposit Facility, which serve as key instruments for implementing monetary policy. It outlines the eligibility criteria, interest rates, and procedural requirements for commercial banks to utilize these facilities for managing their reserve balances.
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