Slovak crown steady, eyes repo tender for impetus

...liquidity-draining repo tender to give the 
market a fresh impetus to move. 
    The crown traded at 33.300 per euro  as of 0805 
GMT, compared with 33.270 on Friday. 
    "In the shortened pre-Easter week, the only scheduled local 
event of interest will be tomorrow's repo tender," Slovenska 
Sporitelna wrote in a market note. 
    The NBS rejected around half of the bids in the two-week 
repo tender last week as part of its effort to prevent sharp 
crown gains. 
    Analysts expected the central bank to leave the market with 
excess liquidity on Tuesday in order to keep short-term interest 
rates down and discourage hot money inflows. 
    The NBS also intervened on the foreign exchanges in March to 
weaken the crown, which had jumped to a record high of 32.710 
per euro after its central parity rate in the exchange rate 
mechanism ERM-2 was revalued on March 16. 
------------------ MARKET SNAPSHOT AT 0805 GMT ----------------- 
Crown/euro  33.310 vs 33.270 on Friday (-0.12 pct) 
Crown/dollar   at 24.945 vs 24.985 (+0.16) 
5-yr govt bond  yield 4.050/3.850 pct vs 4.170/3.971 
7-yr govt bond  yield 4.200/4.101 pct vs 4.229/3.979 
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