1999-10-12 | Resolución 091/99

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Resolution 091/99 Approving Direct Administration Criteria for International Reserves (Benchmark) for the October-December 1999 Quarter

The Board of Directors of the Central Bank of Bolivia approves the direct administration criteria (Benchmark) for international reserves for the period from October to December 1999. The resolution sets specific limits and target rates for cash holdings, Special Drawing Rights, working capital, investment capital, fixed-income instruments, and gold deposits, while establishing a maximum average duration of 720 days for investment capital. These criteria apply to all international reserves of the Central Bank of Bolivia, excluding delegated administration reserves and the global portfolio, and are subject to review at the end of the three-month period.

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