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Central Bank Publishes Document On Pension Withdrawal Measures

CHILE
  • CHILE CENTRAL BANK ANNOUNCES MEASURES ON PENSIONS WITHDRAWALS
  • Full link to publication: https://www.bcentral.cl/en/content/-/details/banco...
  • "Reopening of the special program for Cash Purchase and Term Sale (CC-VP), open to banking companies and other financial institutions, for the remainder of the program, equivalent to an amount of up to US $ 9,500 million and the renewal of the current amount, equivalent to an amount of US $ 500 million. Unlike the previous occasions, where only bank bonds were accepted, this time this window will accept other bank instruments such as time deposits."
  • "To this program, the REPO window with banking companies is added, in force since November 2019, which will be extended until August 2021 in operations of 1 month term."

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