State returned over EUR 22 million back to the economy on monthly basis. Objective of the Ministry of Finance is, by disbursing less funds on the basis of treasury bills, and repaying higher amounts, to improve the liquidity ion the economy.
 
At today’s auction, Ministry of Finance sold 6-month treasury bills with forex clause in the amount of Denar 2,726,290.000, with interest rate of 4.99 percents, thus maintaining the trend of low interest rates.
 
Denar 2,500,000,000 fall due tomorrow, while on 1st April 2010, the state already paid Denar 216,000,000 on the basis of matured treasury bills. On 1st April 2010, the state paid Denar 1,447,273,827,000 on the basis of matured bonds for old foreign currency savings. Thus, the state returns EUR 22 million back to the economy on monthly basis.
 
Ministry of Finance continues to realize the announcements for reducing the amount for new borrowing and the low interest rate in order to improve liquidity in the economy and provide companies access to capital at lower interest rates.
