RESOLUTION OF ADMINISTRATIVE BOARD OF NATIONAL BANK OF THE REPUBLIC OF MOLDOVA

of May 30, 2013 No. 110

About approval of Regulations about indicative rates of CHIBOR and CHIBID

Based on the item a) the Art. 5, the Art. 11, the item c) Art. 26 of the Law on National Bank of Moldova No. 548-XIII of July 21, 1995 (Monitorul Oficial al Republicii Moldova, 1995, Art. No. 56-57, 624), with subsequent changes and amendments, DECIDES: Administrative board of National Bank of Moldova

1. Approve Regulations about indicative rates of CHIBOR and CHIBID, according to appendix.

2. Declare invalid the Resolution of Administrative board of National Bank of Moldova No. 242 of August 11, 2005. "About approval of Regulations about interest rates of CHIBOR and CHIBID" (Monitorul Oficial al Republicii Moldova, 2005, Art. No. 110-112, 386), with subsequent changes and amendments.

3. This resolution becomes effective on July 1, 2013.

Appendix

to the Resolution of Administrative board of National Bank of the Republic of Moldova of May 30, 2013 No. 110

Regulations about indicative rates of CHIBOR and CHIBID

Chapter I
General provisions

1. These regulations establish procedure for forming and the publication of indicative rates of CHIBOR and CHIBID in the interbank money market of the Republic of Moldova, the right and obligation of the Parties involved in this process.    

2. Requirements of these regulations are applied to the banks licensed by National Bank of Moldova in the course of forming of indicative rates of CHIBOR and CHIBID.    

3. For the purpose of these regulations the following concepts are used:    

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