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The BSP Launches Reverse Repurchase E-Trading

02.02.2015

The BSP Launches Reverse Repurchase E-Trading

The Bangko Sentral ng Pilipinas led by Governor Amando M. Tetangco, Jr. (center) launched today the Reverse Repurchase (RRP) e-Trading System, a web-based system that will provide for greater efficiency, security and flexibility in the BSP’s RRP transactions, one of the means by which monetary policy for price stability is transmitted. Signatories to the Memorandum of Understanding (MOU) concerning the electronic trading platform were, from left: BSP Assistant Governor of the Treasury Department Ma. Ramona G. D. T. Santiago, Chamber of Thrift Banks President Rommel S. Latinazo,  Bankers Association of the Philippines President Lorenzo V. Tan, Governor Tetangco, Money Market Association of the Philippines President Dalmacio D. Martin, Investment House Association of the Philippines President Manuel N. Tordesillas, and BSP Information Technology Sub-Sector Officer-in-Charge Bella S. Santos.

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