National Bank to Withdraw Extra Money from Banks

02.09.2010 10:31
Архив Редакция

National Bank of the Republic of Belarus intends to withdraw a maximum of extra ruble funds from the banking system. To achieve that, the National Bank appointed the 805th issue of short-term bonds of own emissions on September 2. Emission amount was declared open, the funds are supposed to be withdrawn at 8.81% per annum for a period of 28 days.

Usually, credit emission, carried out by the National Bank to support ongoing programs, is realized at 1% per annum, AFN informs.

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