Romania Central Bank Pumps RON5.4B Into Market
Romania's central bank Monday injected 5.38 billion lei (EUR1.24 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 three lenders and will sell them back February 6.
Last week, the central bank pumped RON4.42 billion into the market in a similar operation.
On the money market Monday, overnight rates were overnight rates were flat at 3.6%-4.1% a year. (EUR1=RON4.3394)
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