(NAR) VOL. 14 NOS. 1-2 / APRIL - JUNE 2003
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.
Adopted: 21 March 2003
(SGD.) AMANDO M. TETANGCO, JR.
Officer-in-Charge