Central bank offers up nearly $10M liquidity

The National Bank of Cambodia held its ninth liquidity-providing collateralised operation (LPCO) yesterday, making 40 billion riel ($9.89 million) available to financial institutions in an auction, it said in a press release.

Only one financial institution successfully bid in the auction, signing a repurchase agreement for 8 billion riel ($1.97 million) at an interest rate of 3 percent.

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