The National Bank of Cambodia (NBC) yesterday held its fourth liquidity-providing collateralised operation (LPCO), making 40 billion riel ($9.89 million) available to financial institutions in an auction in which repurchase agreements, or repos, were signed for 9.4 billion riel ($2.3 million).
Three financial institutions successfully bid in the auction, receiving the funds at an interest rate of 3 percent, NBC said in an announcement.
Contact PhnomPenh Post for full article
SR Digital Media Co., Ltd.'#41, Street 228, Sangkat Boeung Raing, Khan Daun Penh, Phnom Penh, Cambodia
Tel: +855 92 555 741
Email: [email protected]
Copyright © All rights reserved, The Phnom Penh Post