Slovak cbank repo drains SKK 110.4 bln from mkt

BRATISLAVA, Oct 31 (Reuters) - The Slovak central bank (NBS) accepted all bids at its regular two-week repo tender on Tuesday, draining 110.412 billion Slovak crowns ($3.86 billion) from the money market, NBS data showed.

The central bank, which uses the weekly repo auctions as its main monetary policy tool, took 167.437 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. The NBS is expected to raise its benchmark rate by 25 basis points at its monthly policy meeting on Tuesday.

((Details of central bank repo tenders can be found at <NBSK03>))

((Reporting by Martin Dokoupil, editing by Gerrard Raven; Reuters Messaging: martin.dokoupil.reuters.com@reuters.net; +421 5341 8402)) ($1=28.63 Slovak Crown)

Keywords: MARKETS SLOVAKIA REPO