ZAGREB, June 6 (Hina) - According to reports from the Zagreb Money Market, liquidity is still high. Last week money offer increased by almost 50 percent whereas demand fell by some 20 percent. Overnight transactions decreased by more
than 55 percent compared to the week before, which caused a 1.9 percent decrease in the average weekly interest rate, which last week amounted to 9.05 percent annually. On Thursday, demand for overnight loans was the lowest recorded in the past year and amounted to a mere 111.11 million kuna. Accordingly, the interest rate amounted to four percent as the week before. There was almost no demand for new loans in daily trade. All transactions were connected mostly to old loans, which were agreed on with lower interest rates. In the above mentioned period, the average daily money offer amounted to 86.25 million kuna whereas demand amounted to 17.27 million. The turnover
ZAGREB, June 6 (Hina) - According to reports from the Zagreb Money
Market, liquidity is still high. Last week money offer increased by
almost 50 percent whereas demand fell by some 20 percent.
Overnight transactions decreased by more than 55 percent compared
to the week before, which caused a 1.9 percent decrease in the
average weekly interest rate, which last week amounted to 9.05
percent annually.
On Thursday, demand for overnight loans was the lowest recorded in
the past year and amounted to a mere 111.11 million kuna.
Accordingly, the interest rate amounted to four percent as the week
before.
There was almost no demand for new loans in daily trade. All
transactions were connected mostly to old loans, which were agreed
on with lower interest rates.
In the above mentioned period, the average daily money offer
amounted to 86.25 million kuna whereas demand amounted to 17.27
million. The turnover in overnight transactions amounted on the
average to 131.78 million kuna, while the daily turnover was on the
average just above 17 million kuna.
(hina) mm rml