It is the 21st consecutive week when the bank caps its repo auction.
The bank bought treasuries from 16 lenders and will sell them back March 4. Demand rose to RON29.86 billion, from RON23.2 billion in the previous week. The interest rate was 5.25%, equal to the monetary policy rate.
Fund allocations are made on a pro-rata basis when auctions are capped so that banks may have asked for higher amounts to make sure they cover their needs.
The central bank started limiting its weekly repos in October last year, in a bid to increase interest rates in the market and help strengthen the leu. (EUR1=RON4.381)