Proclamation No. 1072 declaring 18 and 19 November 2015 as Special(Non-Working) Days in the National Capital Region (NCR)and Memorandum Circular No. 84 suspending work in government offices including Government-owned or controlled corporations on 17 and 2

BlNoro SEnrnaL Ne prurrrlxas OFFICE OF THE GOVERNOR MEMORANDUM NO. M-2015- o3s Series of 2015 To ATt BANKS AND NBQBS Subject: Proclamation No. 1072 declaring 18 and 19 November 2015 as Special(Non-Working) Days in the National Capital Region (NCR)and Memorandum Circular No. 84 suspending work in government offices including Government-owned or controlled corporations on 17 and 20 November 2015 in NCR In view of Malacafiang Proclamation No. 1072 which declares November 18 and 19, 2015 as Special (Non-Working) Days in the NCR and Memorandum Circular No. 84 issued by the Office of the President on September 23,2015 which suspends work in government offices including Government-Owned or Controlled Corporations on 17 and 20 November 2015 in NCR, please be informed of the following operating schedules of the Bangko Sentral ng Pilipinas (BSp) for the duration of the period covered by the foregoing Executive issuances: For 1.7 and 20 November 2015: 1. PhilPass will be on regular operating schedule. 2. cash Department in Quezon city will be open until 12 noon only to service deposit/withd rawa I tra nsactions of ba n ks. 3. BSP Regional offices and Branches shall be open but BSp Head office in Manila and the BSP Security plant Complex in euezon City shall be closed. 4. BSP shall not undertake Foreign Exchange/swap transactions and open Market operations, including Repurchase/Reverse Repurchase Agreements and Special Deposit Account transactions. For 18 and 19 November 2015 1. BSP Regional offices and Branches shail be open but BSp Head office in Manila and the BSP Security plant Complex in euezon City shall be closed. A. Mabini st', Malate 1004 Manila, Philippines c (6321708-7701 . www.bsp.gov.ph . [email protected]

Page2 ot 2 2. BSP shall not undertake Foreign Exchange/Swap transactions and Open Market Operations, including Repurchase/Reverse Repurchase Agreements and Special Deposit Account transactions. The reserve position as computed at the close of business on Monday, L6 November 2015 shall be carried up to Sunday, 22 November 2015 since the above dates covered by the Executive issuances are considered as non-reserve days. The reserve weeks 13 to 19 November 2015 and 20 to 26 November, 2015 shall be treated as a single reserve week for the purpose of determining "abuse" of the privilege of offsetting reserve deficiencies against excess reserve during that reserve week. All banks and NBQBs are advised to make the necessary arrangements to ensure smooth operations leading to and immediately after the dates covered by Proclamation No. LO72 and Memorandum Circular No. 84. For information and guidance. AMANDCyM. TETANGCO, JR. overnor 2l o.,oner 2015