Summary Bank Indonesia Laws
| Regulation : | Bank Indonesia Circular Letter No. 10/1/DPM dated January 25, 2008, concerning Amendment to Bank Indonesia Circular Letter No. 8/13/DPM dated May 1, 2006, concerning Issuance of Bank Indonesia Certificate under Auction | | Effective date : | January 25, 2008 | |
Summary :
In order to enhance effectiveness of bidding in Bank Indonesia Certificate auction, it is deemed necessary to amend provision point III.1.b.1) in Bank Indonesia Circular Letter 8/13/DPM dated May 1, 2006, concerning Issuance of Bank Indonesia Certificate under Auction, namely to amend the provision on incremental bidding rate from 0.0625% (six hundred and twenty five per one million) to 0.01% (one per ten thousand).
