Notice BRH/DCC/AV #01-18 to Commercial Banks and Non-Bank Financial Institutions on the Issuance of Treasury Bills, July 25, 2018
- The BRH is authorized to organize Treasury bill issuance from July 3, 2018, with the same procedures used for BRH bonds.
- Bills with a minimum maturity of 91 days are offered first to local banks and other financial institutions.
- The Treasury bills are guaranteed by the BRH, which manages them.
- The BRH services the debt by debiting the Treasury's central account held with it.
- The BRH accepts Treasury bills held by local banks as repo collateral at their nominal rate.
Referring to the protocol agreement between the BRH and the Ministry of Economy and Finance dated July 3, 2018, the notice informs banks and non-bank financial institutions that the central bank is authorized to organize the issuance of Treasury bills from that date, using the same procedures as for BRH bonds. Bills with a minimum maturity of 91 days are offered first to local banks and other financial institutions.
The bills are guaranteed by the BRH, which manages them and services the debt by debiting the Treasury's central account held with it. The BRH will, where needed, accept Treasury bills held by local banks as repo collateral at their nominal rate. The notice is dated July 25, 2018 and bears reference BRH/DCC/AV #01-18.
How to cite
Bank of the Republic of Haiti (BRH), Notice BRH/DCC/AV #01-18 to Commercial Banks and Non-Bank Financial Institutions on the Issuance of Treasury Bills, July 25, 2018, https://www.brh.ht/wp-content/uploads/avis_brh7-1.pdf
- Rights holder
- Banque de la République d'Haïti (BRH)