22. The external assets of the Currency Fund shall consist of all or any of the following and they shall at all times be not less than 100% of the face value of the currency issued by the Authority:
(a)
gold and silver in any form;
(b)
foreign exchange in the form of —
(i)
demand or time deposits;
(ii)
bank balances and money at call;
(iii)
Treasury Bills;
(iv)
notes or coins;
(c)
securities of or guaranteed by foreign governments or international financial institutions;
(d)
equities;
(e)
corporate bonds;
(f)
currency and financial futures;
(g)
any other asset which the Authority, with the approval of the President, considers suitable for inclusion.