DOF Order No. 3Series of 2001

01

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 A (Auction Method) Second Paragraph of Section 14 is hereby amended to read as follows : Section 11, Receipt and Processing of Tenders by the Bureau of the Treasury. All tenders received on time shall be deliberated upon immediately after the cut-off time set by the Auction Committee composed of the Secretary of Finance or any Undersecretary designated by him, as Chairperson; The Treasurer of the Philippines, as Vice-Chairperson; the Director, Brokers and Exchanges Department of the Securities and Exchange Commission or his authorized representative, as Member: the Assistant Secretary for Domestic Finance Group of the Department of Finance, as Member; the Deputy Treasurer of the Philippines for Operations and the Deputy Treasurer for Planning and Policy, as Members; and the Director Treasury Department of the Bangko Sentral ng Pilipinas, as Member. The Deputy Treasurer for Operations shall also act as the Executive Officer. The Auction Committee staff support shall be provided by the appropriate division of the Bureau of the Treasury. The Secretary of Finance may designate an additional member(s) in the Auction Committee as he may deem appropriate. This order shall take effect on February 26, 2001. OZ./^/'Q,

ALBERTO G. ROMULO Secretary Department of Finance February 19, 2001 LMS/SOD/DOFamend

DEPARTMENT ORDER NO. 3 .pdf

Page 1 of 1. DOF Order No. 3 - 01. Series of 2001. 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.

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