Demand in the Money Market increased today by more than 20 percent, while the demand remained at yesterday’s level, thus leaving 500 million kuna uncovered, 100 million more than yesterday.
Demand today reached 580.2 million kuna, while the supply amounted to 80.2 million kuna. The majority of the turnover, 65.2 million kuna, consisted of overnight loans, with the interest rate falling from yesterday's 17.57 to 16.38 percent. For a one-week term, 15 million kuna was placed at a rate of 16 percent, while on Monday the interest rate for that term was 15.18 percent. The total turnover in the Zagreb Money Market today amounted to 80.2 million kuna, and the average interest rate fell from yesterday's 17.57 to 16.31 percent. (Hina)
