RA 265 Section 89

Extension of maturities.

Section 89

SEC. 89. Extension of maturities.—Whenever, in the opinion of the Monetary Board, a deflationary situation exists which requires special expansionary credit measures, the Central Bank may extend the maximum maturities of new credit operations granted under the provisions of subsections (a), (b) and (c) of section 87 to periods not exceeding one year. D. EMERGENCY CREDIT OPERATIONS

Read the full instrument → · Open the chapter this section belongs to: CHAPTER IV.—INSTRUMENTS OF CENTRAL BANK ACTION →

Other provisions in CHAPTER IV.—INSTRUMENTS OF CENTRAL BANK ACTION

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 2026-07-04

CitationRA 265 Section 89 (LawPlayer, data as of 2026-07-04)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

What to look at next

RA 265, full textChapter navigation and full text, so you can read this section in contextLegislation of this jurisdiction Philippine Laws by type and yearGrouped by instrument type and year of enactment, so you can find others of the same kindBrowse by type and year CHAPTER IV.—INSTRUMENTS OF CENTRAL BANK ACTION: the chapter this section belongs toRead this section in its chapter, with the neighbouring sections in orderChapters and sections