The Central Bank may: 1. Invest its funds in accordance with the investment policy and guidelines set by the Board of Directors, in all or any of the following: a. Gold bullions and other precious metals. b. Currencies in the form of notes, coins and digital, money at call and deposits in foreign countries. c. Securities issued or guaranteed by governments of foreign countries and related entities, or by international monetary and financial institutions. d. Securities, loans issued or guaranteed by the Public Sector and Government-Related Entities, or shares in any entity wherein the Government or governments of Union member emirates hold shares, or is granted a concession in the State. e. Equities, corporate bonds and securities, real estate, derivatives and other financial instruments. f. Projects, investment funds and financial and non-financial institutions inside and outside the State. g. Any other financial assets the Central Bank deems appropriate for investment, subject to approval of the Board of Directors. 2. Appoint external parties to manage part of its funds as per the determined terms and conditions.
Interpretation and application must be checked against the official text and current version.
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