Regulatory Alerts1999-10-19 | Resolución 092/99Added · Updated
Resolution 092/99: Approval of New Limits for External Investment of Gold Reserves
The Board of Directors of the Central Bank of Bolivia increases the authorized limit for external investment of gold reserves to 100% of bar holdings. The Internal Reserves Administration Committee is mandated to execute the investment of up to 7.4 tonnes of gold into time deposits, structured as three deposits of up to 2.5 tonnes each, to be completed by December 31, 1999. This resolution explicitly repeals Article 1 of Resolution 054/99, which previously capped external investment at 75%.
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