The central bank bought treasuries from nine lenders and will sell them back July 9.
Last week, the central bank added a record RON13.85 billion to the market in a similar repo.
The number of state treasuries commercial banks are allowed to use as guarantee for operations on the monetary market was recently increased to five from three. Following the move, more lenders have been using the central bank’s facility to attract money.
“Continued uncertainties, particularly regarding the financing resources of Romanian subsidiaries of foreign banks, generate a still rather tensed environment in the interbank market and, subsequently, an increasing usage of the central bank’s credit facilities,” the central bank said in a statement after a monetary policy meeting last week.
The bank kept its key rate unchanged at a record low of 5.25% a year, while the minimum reserve requirements remained at 15% for Romanian leu-denominated liabilities and at 20% for foreign currency liabilities.
On the money market Monday, weekly rates were at 4.9%-5.4% a year, slightly up from 4.6%-5.1% a year Friday. (EUR1=RON4.4496)