Change in rates: 2W repo rate 7.5%, discount rate 6%, Lombard rate 10%

At its meeting today the CNB Bank Board decided with effect from 12 March 1999 to lower the two-week repo rate by 0.5 percentage points from 8% to 7.5%, the discount rate by 1.5 points from 7.5% to 6%, and the Lombard rate by 2.5 points from 12.5% to 10%.

CNB - M. Švehla