Logo of Phnom Penh Post newspaper Phnom Penh Post - NBC brings in $500K at latest liquidity auction

NBC brings in $500K at latest liquidity auction

NBC brings in $500K at latest liquidity auction

The National Bank of Cambodia yesterday held its 14th liquidity-providing collateralised operation, making 20 billion riel ($4.5 million) available to financial institutions in an auction in which repurchase agreements, or repos, were signed for 2 billion riel ($500,000).

Only one financial institution made a successful bid during the auction, receiving funds at an interest rate of 3 percent, the central bank said in a release.

MOST VIEWED

  • Rainsy vow to return on Nov 9 dismissed as ‘political warfare’

    An announcement from the Supreme Court-dissolved Cambodia National Rescue Party (CNRP) that its “acting president” Sam Rainsy would return to the Kingdom on November 9 was dismissed on Sunday as “political warfare”. The CNRP made the announcement on Friday after a permanent committee meeting chaired by

  • Official transferred after pointing at car with foot

    The deputy director of the Siem Reap provincial Registration and Driver’s Licence Unit at the Department of Public Works and Transport who last week pointed at the number plate of a car taken in for a technical check with her foot has been transferred.

  • Kingdom rejects VN request

    Cambodia rebuffed Vietnam’s request to provide nationality to its citizens living in Kratie, Mondulkiri, Ratanakiri and Stung Treng provinces, with officials saying law enforcement is the Kingdom’s responsibility. Chheang Vun, the head of the National Assembly’s Committee on Foreign Affairs, International Cooperation,

  • PM sues Rainsy in Paris court

    Prime Minister Hun Sen and Dy Vichea, the deputy chief of the National Police, filed lawsuits against Sam Rainsy, the “acting president” of the Supreme Court-dissolved Cambodia National Rescue Party (CNRP), for defamation in a Parisian court on Tuesday. The court action comes after Rainsy,