SEC. 15. The same Act is hereby amended by adding a new
section after Section 88 thereof to read as follows:
'SEC. 88-A. The Central Bank may extend loans and advances
to banking institutions for a period of not more than seven (7) days without any
collateral for the purpose of providing the banking system with liquid funds in
times of need and influencing interest rate levels."
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026
CitationPD 1827 Section 15 (LawPlayer, data as of July 4, 2026)
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).