CBA net sales in the foreign exchange market not to exceed $209 million from January 1, 2015 until six days before the IMF Executive Board meeting. The computation of CBA net sales will include CBA outright net sales via the following channels: Nasdaq-OMX platform, auctions, and the interbank market. However, the computation of net sales may also include CBA net sales in other markets or instruments that the CBA may choose to substitute for outright net sales (e.g., transactions in derivatives). Transactions of the CBA with the Government or other private or public agencies in the context of budget operations of the Government are not considered net sales (unless they take place through one of the channels mentioned above). In this respect, purchases of the foreign currency proceeds of the Eurobond or other official financing will not be interpreted as CBA purchases of foreign exchange for the computation of the CBA net sales total.
Status: Sales amount to $195.5 million through October 14.