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Rule · BCB · 29 Nov 2001 · Resolución 121/2001

Resolution 121/2001

credit

Resolution 121/2001 amends Article 10 of Board Resolution No. 160/97 regarding the financial conditions for public sector credits. The amendment modifies the interest rate determination clause, requiring the Board to set rates based on prevailing yields of public securities in either of the two currencies, rather than referencing similar market securities with the same maturity. The President and General Manager are tasked with executing and ensuring compliance with this resolution.

BoliviaBanco Central de Bolivia

BOARD RESOLUTION NO. 121/2001
SUBJECT: BOARD OF DIRECTORS – APPROVES AMENDMENT TO THE REGULATIONS ON CREDITS TO THE PUBLIC SECTOR.

HAVING SEEN:
Law No. 1670 of October 31, 1995.
Board Resolution No. 160/97 of October 21, 1997, which approves the Regulations on Credits to the Public Sector.

CONSIDERING:
That Articles 22, 23, and 25 of Law No. 1670 establish the conditions under which the Central Bank of Bolivia (BCB), as an exception, may grant public credit in favor of the General Treasury of the Nation (TGN) within the limits of the Monetary Program. That such operations will be documented in all cases through negotiable debt securities issued by the TGN. That Article 54, subsection j) of Law No. 1670 establishes that the Board of Directors may set and modify the interest rates on credits granted by the BCB, taking into account market rates, establishing their terms and conditions. That, based on the powers granted by Article 54, subsection o) of Law No. 1670, the Board of Directors of the BCB is authorized to modify existing regulations without the need for any additional administrative act.

THEREFORE,
THE BOARD OF DIRECTORS OF THE CENTRAL BANK OF BOLIVIA RESOLVES:

Article 1.- Modify the second paragraph of Article 10 of Board Resolution No. 160/97 as follows:
//2. B.D. No. 121/2001

Article 10 (Financial Conditions).- Second Paragraph
SAYS:
10.1. The Board of Directors will set the interest rate and term. The interest rate may not be lower than that prevailing in the securities market for similar titles of the same maturity.

SHOULD SAY:
“10.1 The Board of Directors will set the interest rates and term considering, as a reference, the yields of public securities prevailing in the market in either of the two currencies.”

Article 2.- The Presidency and the General Management are charged with the execution and compliance of this Resolution.

La Paz, November 29, 2001

Juan Antonio Morales A.

Armando Pinell S. Juan Medinaceli V.

_________________ Armando Méndez M.
Roberto Camacho S.

Javier Comboni S.

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A newer document in RegAlert replaces this one.

Ley N.º 1670, de 31 de octubre de1995 — Ley del Banco Central de B…1995 · BO-LAWLey N.º 1670, de 31 de octubre de 1995 — Ley del Banco Central de Bolivia (Law of the Central Bank of Bolivia) (1995-10-31)Resolution 160/97 Approving theRegulation of Credits to the Publ…1997 · BCBResolution 160/97 Approving the Regulation of Credits to the Public Sector (1997-10-21)Resolution 121/20012001-11-29 · this documentResolution 121/2001 (2001-11-29)Resolution 021/2005 Approving NewPublic Sector Credit Regulations2005 · BCBResolution 021/2005 Approving New Public Sector Credit Regulations (2005-01-27)Mentions (40)documents that mention itopen the list below the graph ▾Mentions (40): documents that mention it without changing it — open the list below the graph
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
The links and the sentences they come from (3)
Superseded by
Amends
Issued under
Mentions (40): 40 documents mention this one without changing it
Referred to by
  • Resolution 011/20052005 · BCB

    “The Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution 160/97 regarding the Financial Conditions of Credits to the Public Sector.”

  • Resolution 012/20052005 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution 160/97 regarding the Financial Conditions of Credits to the Public Sector.”

  • Resolution 013/20052005 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution 160/97 regarding the Financial Conditions of Credits to the Public Sector.”

  • Resolution 017/20052005 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution 160/97 regarding the financial conditions of Credits to the Public Sector.”

  • Resolution 018/20052005 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution 160/97 regarding the financial conditions of Credits to the Public Sector.”

  • Resolution 195/20042004 · BCB

    “The Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution 160/97 regarding the Financial Conditions of Credits to the Public Sector.”

+34 more
  • Resolution 196/20042004 · BCB

    “Board of Directors Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board of Directors Resolution 160/97 regarding the Financial Conditions of Credits to the Public Sector.”

  • Resolution 188/20042004 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution 160/97 regarding the Financial Conditions of Credits to the Public Sector.”

  • Resolution 193/20042004 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution No. 160/97 regarding the financial conditions of Credits to the Public Sector.”

  • Resolution 194/20042004 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution 160/97 regarding the financial conditions of Credits to the Public Sector.”

  • Resolution 187/20042004 · BCB

    “The Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution 160/97 regarding the Financial Conditions of Credits to the Public Sector.”

  • Resolution 185/20042004 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution 160/97 regarding the Financial Conditions of Credits to the Public Sector.”

  • Resolution 179/20042004 · BCB

    “The Board of Directors Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board of Directors Resolution 160/97 regarding the Financial Conditions of Credits to the Public Sector.”

  • Resolution 174/20042004 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution No. 160/97 regarding the financial conditions of Credits to the Public Sector.”

  • Resolution 168/20042004 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution No. 160/97 regarding the financial conditions of Credits to the Public Sector.”

  • Resolution 169/20042004 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution No. 160/97 regarding the financial conditions of Credits to the Public Sector.”

  • Board Resolution No. 066/20042004 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001.”

  • Board Resolution No. 060/20042004 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution 160/97 regarding the Financial Conditions of Credits to the Public Sector.”

  • Resolution 054/20042004 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution 160/97 regarding the financial conditions of Credits to the Public Sector.”

  • Resolution 055/20042004 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution 160/97 regarding the financial conditions of Credits to the Public Sector.”

  • Resolution 045/20042004 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution 160/97 regarding the Financial Conditions of Credits to the Public Sector.”

  • Resolution 042/20042004 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution 160/97 regarding the Financial Conditions of Credits to the Public Sector.”

  • Resolution 043/20042004 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution 160/97 regarding the Financial Conditions of Credits to the Public Sector.”

  • Board Resolution No. 037/20042004 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001.”

  • Board Resolution No. 036/20042004 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001.”

  • Board Resolution No. 025/20042004 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001.”

  • Board Resolution No. 018/20042004 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001.”

  • Resolution 016/20042004 · BCB

    “The Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution No. 160/97 regarding the Financial Conditions of Credits to the Public Sector.”

  • Resolution 013/2004 Approving Credit to the General Treasury of the Nation2004 · BCB

    “Board of Directors Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board of Directors Resolution No. 160/97 regarding the Financial Conditions of Credits to the Public Sector.”

  • Resolution 014/2004 Approving Credit to the General Treasury of the Nation2004 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution No. 160/97 regarding the Financial Conditions of Credits to the Public Sector.”

  • Resolution 006/20042004 · BCB

    “The Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution No. 160/97, regarding the Financial Conditions of Credits to the Public Sector.”

  • Resolution 145/20032003 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution No. 160/97”

  • Resolution 136/20032003 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution No. 160/97, regarding the Financial Conditions of Credits to the Public Sector.”

  • Resolution 137/20032003 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution No. 160/97 regarding the Financial Conditions of Credits to the Public Sector.”

  • Resolution 133/20032003 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001.”

  • Resolution 123/20032003 · BCB

    “The Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution No. 160/97 regarding the Financial Conditions of Credits to the Public Sector.”

  • Resolution 120/20032003 · BCB

    “Board Resolution 121/2001 of November 29, 2001, which modifies Article 10 of RD 160/97 regarding the Financial Conditions of Credits to the Public Sector.”

  • Resolution 114/20032003 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution No. 160/97 regarding the Financial Conditions of Credits to the Public Sector.”

  • Resolution 106/20032003 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001, which modifies Article 10 of Board Resolution No. 160/97 regarding the Financial Conditions of Credits to the Public Sector.”

  • Resolution 095/20032003 · BCB

    “Board Resolution No. 121/2001 of November 29, 2001.”

Timeline

Amended 1 time · last 2005-01-27

This document amends: Resolution 160/97 Approving the Regulation of Credits to the Public Sector

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