Romania Central Bank Injects RON4.42B In 7-Day Repo
Romania's central bank Monday pumped 4.42 billion lei (EUR1 billion) into the market in a one week repurchase agreement operation at an interest rate of 5.75% a year, equal to the monetary policy rate.
The central bank bought treasuries from four lenders and will sell them back January 30.
Last week, the central bank injected RON3.56 billion into the market in a similar operation.
On the money market Monday, overnight rates were at 1.6%-2.1% a year, little changed on the day. (EUR1=RON4.3473)
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