Slovak cbank drains SKK 163.2 bln in repo tender

20.11.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

The Slovak central bank (NBS) accepted all bids in a regular two-week repo tender on Tuesday, draining 163.243 billion crowns ($7.21 billion)...

...from the market, NBS data showed.

The NBS, which uses two-week repo auctions as a key monetary policy tool, drained 162.985 billion crowns a week ago.

The average, maximum and minimum accepted rates were 4.25 percent on Tuesday, matching the NBS's official limit rate for two-week repo tenders.

The NBS left the two-week repo rate unchanged for the sixth month in a row at its October policy meeting.

(Reporting by Martin Santa; Editing by Alan Crosby)

($1=22.65 Slovak Crown)

Keywords: SLOVAKIA CBANK/REPO

[BRATISLAVA/Reuters/Finance.cz]

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