Hungary’s National Bank Raises O/N, One-Week Collateralised Loan Rates To 1.85 Percent
- 8 Apr 2020 10:03 AM
- Hungary Matters
The Monetary Council of the National Bank of Hungary (NBH) decided to raise the rates for the central bank’s O/N and one-week collateralised loans by 95 basis points to 1.85% at a meeting on Tuesday.
The Council left the base rate and the O/N central deposit rate unchanged at 0.90% and -0.05%, respectively.
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