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Romania's central bank pumps lei 8.38bn through one-week repo, at an 8.5% interest

Romania's Central Bank (BNR) injected 8.381 billion lei on the market through a repo operation maturing in a week, at a yearly interest equal to the monetary policy rate of 8.5 percent, chief-dealer of lender Banca Transilvania Ioan Birle told NewsIn.

As many as 19 banks participated at the operation.

Interbank interests lowered from 9.25 - 9.75 percent to 8.50 - 9.25 percent a year after the central lender announced the auction, according to Birle.

BNR today posted an average interbank bid rate (ROBID) of 9.17 percent a year, up from 9.12 percent in the previous session, and an interbank offer rate for overnight deposits (ROBOR) of 9.67 percent, above the previous 9.57 percent.

Sursa: http://www.newsin.ro

Tags: percent central bnr

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