0 Republic of the Philippines DEPARTMENT OF FINANCE Manila

DOF Order No. _ S-391 Series of 1999

AMENDING DEPARTMENT OF FINANCE (DOF) ORDER NO. 141-95, AS AMENDED, ENTITLED "REVISED RULES AND REGULATIONS FOR THE ISSUANCE, PLACEMENT, SALE, SERVICE AND REDEMPTION OF TREASURY BILLS AND BONDS UNDER RA. NO. 245, AS AMENDED.

Chapter III (Method of Origination) Part C (Tap Method), is herby amended to read as follows: "Section 27. Authority to Sell other than through Auction and through Negotiation. (a) The tap window may be accessed by GSEDs/FIs from Monday through Friday. Likewise, in the case of the Small Investor's Program (SIP), the window may be accessed from Monday through Friday subject to settlement on the day of placement." (b) The issue ceiling, yield and amount for Treasury Bills and Bonds available on tap shall be as announced or as negotiated by the Bureau of the Treasury. This order shall take effect on October 21, 1998.

GARDO B. ESPIRITU Secretary Department of Finance 12 January 1999

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DEPARTMENT ORDER NO. 15 .pdf

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