Slovak cbank repo drains SKK 128.6 bln from mkt

BRATISLAVA, Oct 17 (Reuters) - The Slovak central bank (NBS) accepted all bids in its regular two-week repo tender on Tuesday, draining 128.605 billion crowns ($4.38 billion) from the money market, NBS data showed.

The central bank, which uses the weekly repo auctions as its main monetary policy tool, took 148.660 billion crowns from the market a week ago.

All accepted bids carried a 4.75 percent interest rate, matching the official rate for two-week repo tenders after the central bank hiked by 25 basis points from 4.50 percent at its monetary policy meeting in September.

((Details of central bank repo tenders can be found at <NBSK03>)) ((Reporting by Martin Santa; tel. +421 2 5341 8402, email: martin.santa@reuters.com; RM martin.santa.reuters.com@reuters.net)) ($1=29.39 Slovak Crown)

Keywords: MARKETS SLOVAKIA REPO