Romania Central Bank Injects RON3.25B In 8-Day Repo
Romania's central bank Monday pumped 3.25 billion lei (EUR0.75 billion) into the market in an eight-day repurchase agreement operation at an interest rate of 6% a year, equal to the monetary policy rate.
The central bank bought treasuries from five lenders and will sell them back December 27.
On the money market Monday, overnight rates were at 4.7%-5.2% a year, barely changed on the day. One week rates rose to 5.4%-5.9% a year, from 5.1%-5.6% a year Friday. (EUR1=RON4.3146)
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