Bids subside at Croatia weekly repo auction

January 27, 2016 9:49 AM

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ZAGREB Jan 27 Croatia's central bank said on Wednesday it had accepted all 130.5 million kuna ($18.49 million) worth of bids at its weekly reverse repo auction, with the interest rate remaining flat at 0.5 percent.

In line with market expectations, bids fell from last week's 173 million kuna amid very good liquidity and a daily surplus surpassing 10 billion kuna.

Also read: ECB Extends but Scales Back Stimulus, Whipsawing Markets

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