No. 2/27/DPM
Jakarta, December 13, 2000
C I R C U L A R
To
ALL COMMERCIAL BANKS IN INDONESIA
Subject : Procedures for Granting Intraday Liquidity Facility for Commercial Banks.

In connection with the enactment of Bank Indonesia Regulation Number 2/26/PBI/2000 dated December 13, 2000 regarding the Intraday Liquidity Facility for Commercial Banks (State Gazette of the Year 2000 Number 232, Supplement to State Gazette Number 4035), it is necessary to regulate the procedures for granting the Intraday Liquidity Facility for Commercial Banks.

I. GENERAL REQUIREMENTS FOR THE INTRADAY LIQUIDITY FACILITY

Banks that may submit an application for the Intraday Liquidity Facility (FLI) to Bank Indonesia are Participant Banks that anticipate experiencing Very Short-Term Funding Difficulties.
Participant Banks submitting an FLI application as referred to in item 1 must meet the following requirements:
1. are not currently subject to suspension sanctions as a Participant Bank; and
2. are not currently subject to sanctions of being unable to obtain the Short-Term Funding Facility (FPJP).
The FLI must be secured by collateral owned by the Bank in the form of Bank Indonesia Certificates (SBI) and/or Government Bonds,

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