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BOARD OF CBA DECIDES TO REDUCE ANNUAL INTEREST RATE ON REPO CONTRACTS
FROM 3.75% TO 3%
YEREVAN, June 13. /ARKA/. The Board of the Central Bank of Armenia
(CBA) decided to reduce the annual interest rate on REPO contracts
from 3.75% to 3%, the press-service of the CBA reports. The annual
interest rate on the attracted deposits was also reduced from 1.75% to
1%. The interest rates on Lombard credits were not unchanged (16%
annually). A.A. -0--
FROM 3.75% TO 3%
YEREVAN, June 13. /ARKA/. The Board of the Central Bank of Armenia
(CBA) decided to reduce the annual interest rate on REPO contracts
from 3.75% to 3%, the press-service of the CBA reports. The annual
interest rate on the attracted deposits was also reduced from 1.75% to
1%. The interest rates on Lombard credits were not unchanged (16%
annually). A.A. -0--