(NAR) VOL. 15 NOS. 1-2 / APRIL - JUNE 2004
1. Item A.2.2, first paragraph, on "Inward Foreign Investments" shall read:"The outstanding amount of sales/maturity proceeds due for repatriation to non-resident investors pertaining to BSP-registered investments in:a. PSE-listed shares of stock;
b. government securities;
c. money market instruments; and
d. peso time deposits with a minimum tenor of 90 days
may be covered by forward FX contracts subject to the presentation of the original BSRD on or before deal date, except that for Item 2.2.a above, the original BSRD or BSRD Letter-Advice together with the local broker's sales invoice shall be presented on or before maturity date of the FX forward contract which coincides with the settlement date of the PSE sale transaction"; and
2. Item B.1.2, the Caption "Under DA/OA" shall read "Under DA/OA, Documents Against Payment (DP) or Direct Remittance (DR)"