Regulatory Alerts1998-08-11 | Resolución 075/98Added · Updated
Resolution 075/98 Approving New Regulations for Operations with Central Bank of Bolivia Deposit Certificates
The Board of Directors of the Central Bank of Bolivia approves a new regulation governing the administration, auction, allocation, and redemption of Deposit Certificates (CDs), replacing Resolution No. 149/97. The regulation establishes eligibility for financial entities under SIREFI, mandates fund provisioning, and defines auction mechanics including a 25% limit for average-price allocation and a US$1 million/Bs. 1 million cap per participant. It sets an effective date of September 14, 1998, and imposes a 2% fine on defaulting bidders.
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