Radar Telegram alerts Open Radar

On the opening of the interest rate corridor, the increase in overdraft prices and the entry of initial government bond dealers.

תרגם לעברית

بولتن نیوز · · Source

On the opening of the interest rate corridor, the increase in overdraft prices and the entry of initial government bond dealers.

On the opening of the interest rate corridor, the increase in overdraft prices and the entry of initial government bond dealers.

The central bank gives banks 26% "no hassle", but the interest on your deposit is the usual 23%.

Money that had been kept cheap and artificial for months became more expensive overnight: the interbank rate, which had been stuck at a ceiling of 24% from June to November, jumped to 33.92% in the week ending November 5. But the real paradox lies elsewhere - banks now get a 26% central bank bonus, while their depositors still get a maximum of 23%.

According to Elon News, in the week ending November 5, 1405, the central bank raised the floor of the interest rate corridor (regular deposit) from 17 to 26 percent, the regular credit ceiling from 24 to 34 percent, and the minimum repurchase agreement rate from 23 to 32 percent.

Continue in the link below

More on Radar

Want to see every report in real time?

Hundreds of sources worldwide, translated into your language, with alerts for what matters to you.

Sign up free
Share on WhatsApp Get alerts on Telegram