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January 26, 2022

Five banks take out RON 2.38 bln one week loan from BNR

A number of five banks borrowed RON 2.38 bln (EUR 546 M) for one week from the National Bank of Romania (BNR), on 6 pc interest, Mediafax reports. The liquidity injection was made via a repo operation wherein the BNR offered liquidity to commercial banks in exchange for state bonds. The BNR organized a repo auction every Monday,   starting Oct 17, whereby it gave out one week loans to banks.

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