The cap, set at the average three-month discount T-bill yield, was rolled out on November 22, 2022. It had been set to expire on September 30.
The cap applies to institutional investors, pension funds, insurers, and investment funds, as well as to retail banking clients with HUF 20 million or more on their accounts.
The government also decided to extend a prohibition on the unrestricted transfer of central bank discount bills until the end of the year, the ministry said.
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