(NAR VOL. 13 NOS. 1-2 2002/ JANUARY-MARCH 2002
The required liquidity reserves may be maintained in the form of short-term market yielding government securities purchased directly from the Bangko Sentral Ng Pilipinas (BSP) – Treasury Department, pursuant to Circular 10 dated December 29, 1993.
This Circular shall take effect on December 7, 2001.
Adopted: 11 Dec. 2001
(SGD.) RAFAEL B. BUENAVENTURA
Governor