Press releases
20. 11. 2008

Adjustment of technical parameters of liquidity-providing repo operations

At its meeting today, the Bank Board of the Czech National Bank decided to adjust technical parameters of liquidity-providing repo operations as follows:

  • maturity will be two weeks and three months;
  • repo operations with two-week maturity will be announced twice a week (Monday, Friday);
  • repo operations with three-month maturity will be announced once a week (Wednesday);
  • banks‘ bids will be fully satisfied at a fixed rate corresponding to
    • the 2W repo rate + 10 b.p. for two-week maturity;
    • the 2W repo rate + 30 b.p. for three-month maturity.

The remaining parameters of liquidity-providing repo operations remain unchanged.

Pavel Zúbek
CNB Communications Dpt.