Regulatory Alerts2003-11-11 | Resolución 127/2003Added · Updated
Resolution 127/2003 Approving the Open Market Operations Regulation
The Board of Directors of the Central Bank of Bolivia approves the new Open Market Operations Regulation, effective November 11, 2003, which supersedes Resolution 035/2001. The regulation establishes the legal framework for open market operations, defining the roles of the Open Market Operations Committee (COMA) and the Monetary Operations Management, and authorizing operations via public auctions, cash desks, or other mechanisms. It sets specific participation requirements for financial entities, including fund provisioning rules for auctions and documentation standards for cash desk transactions, while allowing the use of public securities represented by book entries.
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