The two banks will repay the loans on November 21.
On the money market Monday, overnight rates were at 5.5%-6% a year. (EUR1=RON4.354)
Banks-Insurance
BNR Lends RON1.14B To 3 Local Banks
The Romanian central bank Monday lent 1.14 billion lei (EUR262 million) to three local banks in a seven-day repurchase agreement operation at an interest rate of 6% a year, equal to the monetary policy rate.