The National Bank collected €57.7 million from banks and business entities at yesterday's auction of treasury bills.

The high rate (9%) shows that despite the growth of foreign reserves at a level higher than last year, the monetary authority remains a tight policy aimed to keep the national currency stable, which on the other hand is limiting the lending and increases the interest rates.
The total indebtedness of NBRM with treasury bills, including the last auction, is over €221 million.