​Single bidder claims 40B riel in repo auction | Phnom Penh Post

Single bidder claims 40B riel in repo auction

Business

Publication date
24 May 2017 | 08:45 ICT

Reporter : Post Staff

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One financial institution successfully bid in the central bank’s liquidity-providing collateralised operation yesterday, securing the entire 40 billion riel ($9.89 million) on offer in the monthly repo auction at an interest rate of 3 percent, the National Bank of Cambodia said in a press release.

It did not disclose the identity of the successful bidder.

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