Regulatory Alerts2011-08-16 | Resolución 101/2011Added · Updated
Resolution 101/2011 Approving the Regulation for the Administration of International Reserves
The Board of Directors of the Central Bank of Bolivia approves a new Regulation for the Administration of International Reserves, replacing previous resolutions 078/2010 and 126/2010. The regulation establishes investment criteria prioritizing safety, capital preservation, liquidity, currency diversification, and profitability, and defines the composition of working and investment capital. It sets specific risk limits, including a maximum 10% probability of annual loss, sovereign credit rating requirements of at least AA-, and concentration caps such as 5% per banking issuer. The document also mandates the use of Standard & Poor’s credit ratings and prohibits investments in offshore financial institutions.
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