Average interbank O/N rates increase 25bp in April
The average turnover-weighted overnight lending rate rose 25bp to 5.66% in April, the National Bank of Hungary (MNB) said on Wednesday.
Turnover on the forint interbank market amounted to Ft 2,424.2 billion in April, Ft 437.3 billion more than in March. The average three-month interest rate was 6.26% in April, but the rate is not comparable as no deals for three-month money were made in March. In April, no deals were made for one-month money.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.