Demand in the Money Market fell today by about 10 percent, but supply also decreased, leaving an uncovered demand of 450 million kuna, as was the case yesterday, while the average interest rate plunged below the 10 percent level. Demand today fell to 556 million, and supply to 106 million kuna.
The total turnover of 106 million kuna consisted of overnight loans, with the interest rate dropping from yesterday's 15.98 to 9.78 percent. This is the first time in three weeks that the interest rate on overnight loans has fallen below the 10 percent level. (H)
