RA 265 Section 91

Interest and rediscount rates.

Section 91

SEC. 91. Interest and rediscount rates.—The Monetary Board shall fix the interest and rediscount rates to be charged by the Central Bank on its credit operations in accordance with the character and term of the operation, but after due consideration has been given to the credit needs, of the market, the composition of the Central Bank's portfolio, .and the general requirements of the national monetary policy.

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

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

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