Regulatory Alerts1998-11-17 | Resolución 103/98Added · Updated
Resolution 103/98 Approving the New Repo Operations Regulation
The Board of Directors of the Central Bank of Bolivia approves a new Regulation of Repo Operations effective January 1, 1999, which replaces Resolution 105/97. The regulation defines repo operations, establishes pricing limits and maturity terms set by the Open Market Operations Committee (COMA), and assigns execution, evaluation, and control responsibilities to specific BCB departments. It mandates that financial institutions maintain current accounts at the BCB and submit specific documentation to participate, while imposing suspension periods of 45, 90, or Directorial review for failure to repurchase securities upon maturity.
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