News » December, 2011 » 6 December 2011
Five banks borrowed 2.38 billion lei from the NBR for a week
06.12.2011, 00:00 | Finance-Banks | 846 views
A number of five banks yesterday attracted 2.38 billion lei yesterday (546 million Euros) from the National Bank of Romania (NBR), with a maturity of one week, at the policy rate of 6% p. a.. The liquidity injection was made through a repo operation, through which the NBR provides liquidity to the banks and receives government bonds in exchange. On the last day of the past week, the Central Bank had lent to seven banks 1.657 billion lei (380 million Euros), again through a repo auction. Read more on Bursa.ro
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