HNB releases HRK 1.07bn through regular open-market operation

The Croatian National Bank (HNB) released HRK 1.07 billion (€141m) to commercial banks on Monday, through a regular open-market operation with a one-week maturity and at an interest rate of 0.05%.
HNB Governor Boris Vujcic
 Boris Kovacev / CROPIX

Today's amount is HRK 250 million (€33m) lower than last week. Last week, on April 14, the central bank released HRK 1.32 billion (€174m), also at an interest rate of 0.05%, with the maturity date Wednesday, April 22.

Today the HNB received requests for HRK 1.07 billion (€141m) and granted them all. The settlement date is Wednesday, April 22, and the maturity date is April 29.

Regular open-market operations are one of the measures taken by the HNB to increase the liquidity of the banking system for the purpose of maintaining exchange rate and financial stability amid the crisis caused by the coronavirus epidemic in Croatia.

On March 16, the HNB conducted a structural operation, releasing HRK 3.8 billion (€500m) to the banks with a maturity of five years and at 0.25% interest. The central bank also resumed its regular weekly operations.

Želite li dopuniti temu ili prijaviti pogrešku u tekstu?
Linker
09. svibanj 2024 00:33