BSP Circular Letters BSP Circular Letter No. CL04052002ABSP Circular Letter No. CL04052002A 2002-04-05T00:00:00.000+08:00
Extension of the one-banking day lag for Cash in Vault (CIV) as a component of Available Reserves
CIRCULAR LETTER Series of 2002
TO : All Banks
The Monetary Board in its Resolution No. 456 dated March 25, 2002 has approved the indefinite extension of the one-banking day lag for Cash in Vault (CIV) as a component of Available Reserves for the purpose of determining compliance with the minimum reserve requirement.
Please be guided accordingly.
RAFAEL B. BUENAVENTURA Governor
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