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RA 265 Section 99

Review of the Central Bank's portfolio.

Section 99

SEC. 99. Review of the Central Bank's portfolio.—At least once every month the Monetary Board shall review the portfolio of the Central Bank in relation to the Bank's future credit policy. In reviewing the Central Bank's portfolio, the Monetary Board shall especially consider whether a sufficiently large part of the portfolio consists of assets with early maturities, in order that a contraction in Central Bank credit may be effected promptly whenever the national monetary policy so requires.

Read the full instrument → · Open the chapter this section belongs to: 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 ↗

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

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