Regulatory Alerts2008-04-29 | Resolución 057/2008Added · Updated
Resolution 057/2008
The Board of Directors of the Central Bank of Bolivia amends the Regulation for the Sale of Public Securities Issued by the Central Bank of Bolivia through Market Makers to allow pricing based on rates determined by the Open Market Operations Committee (COMA) in addition to those from public auctions. The modifications update Article 4 to include COMA-determined rates in the interest rate differential calculation, Article 5 to permit the delivery of securities at prices set by COMA, and Article 6 to define the public sale rate using COMA-determined rates as an alternative to auction results. These changes authorize market makers to utilize COMA-set benchmarks for the primary extrabourse placement of public securities.
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