NBB conducts fruitless deposit auction
<p> MINSK, Oct 20 - PrimePress. The National Bank of Belarus (NBB) conducted on 20 Oct 2021 deposit auction No.387 in the form of an interest rate auction for a 7-day period. Based on the results of the auction, it was decided not to attract deposits from banks, the National Bank’s press service said. </p> <p> </p> <p> The auction accepted 25 bids from 8 banks offering interest rates within the range between 2.25% and 4.00% per annum worth a total of Br1.191 million ($488.575m). </p> <p> </p> <p> On 20 Oct 2021 the National Bank also conducted credit auction #757 in the form of an interest rate auction for a 7-day period. The auction was declared void due to a lack of bids. End </p>
2021-10-21
Primepress
NBB conducts fruitless deposit auction
MINSK, Oct 20 - PrimePress. The National Bank of Belarus (NBB) conducted on 20 Oct 2021 deposit auction No.387 in the form of an interest rate auction for a 7-day period. Based on the results of the auction, it was decided not to attract deposits from banks, the National Bank’s press service said.
The auction accepted 25 bids from 8 banks offering interest rates within the range between 2.25% and 4.00% per annum worth a total of Br1.191 million ($488.575m).
On 20 Oct 2021 the National Bank also conducted credit auction #757 in the form of an interest rate auction for a 7-day period. The auction was declared void due to a lack of bids. End