In May, total overnight deposits stood at RON39.8 billion.
The deposit facility rate was 2.25% a year, unchanged on the month.
The lenders didn’t borrow any funds through the Lombard facility from the central bank in June.
The deposit facility can be used by the commercial bank as a short-term investing instrument to make overnight deposits with the central bank. It aims at regulating the liquidity level and stabilizing the market interest rates.
In 2010, Romanian lenders parked an overall amount of RON387.3 billion in overnight deposits, up sevenfold on the year. The banks only borrowed RON1.87 billion from the central bank through the Lombard facility last year. (EUR1=RON4.1817)