MNB extends EUR 4 bln ECB repo line
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The National Bank of Hungary (MNB) on Thursday said the maturity of a EUR 4bn repo line it has with the European Central Bank (ECB) was extended until the end of March 2022, according to a report by state news wire MTI.
The repo agreement was reached in July 2020 and was to have originally matured in June 2021.
The ECB decided in December to modify the maturity of repo facilities that provide euro liquidity with participating partner central banks to March 2022, MNB noted.
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