The central bank bought treasuries from seven lenders and will sell them back December 5.
On the money market Monday, overnight rates were at 5.7%-6.2% a year, barely changed on the day. (EUR1=RON4.3587)
Banks-Insurance
BNR Injects RON1.65B In 7-Day Repo
Romanian central bank Monday pumped 1.65 billion lei (EUR380 million) into the market in a one week repurchase agreement operation at an interest rate of 6% a year, equal to the monetary policy rate.