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Extension of eligible assets range accepted by BNR for monetary market to come into effect on Monday

The extension of the eligible assets range accepted by the National Bank of Romania (BNR) for monetary market operations will come into effect on Monday, October 3, according to the decision of the BNR Board of August 31, 2011, a press release reads.

Therefore, the list of eligible assets will be supplemented with euro-denominated securities issued by Romania on the external market, deposited in the Euroclear system, and lei-denominated securities, issued by international financial institutions, deposited in the Euroclear system.

The haircut level (the margin deductible from the eligible assets' market value to obtain their adjusted value) applicable to the new eligible instruments will stand at 8 percent.

Sursa: http://www.actmedia.eu

Tags: eligible market bnr assets euro

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